(ALG) Alamo Group complete technical analysis [charts+indicators] | Buy/Sell Alamo Group | (ALG) share price targets
Complete technical analysis of Alamo Group (ALG) by charts plus indicators, forecast predictions and share price targets for Alamo Group (ALG)
Alamo Group trades in USA in Capital Goods sector.
10 day averaged volume of Alamo Group is 68170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 200.72 | 200.05 | 201.54 | 198.87 | 0.731 times |
| 14 Tue May 2024 | 198.70 | 199.23 | 199.50 | 197.32 | 0.695 times |
| 13 Mon May 2024 | 196.57 | 199.48 | 199.48 | 196.56 | 0.826 times |
| 10 Fri May 2024 | 198.43 | 199.49 | 199.49 | 196.28 | 0.472 times |
| 09 Thu May 2024 | 198.30 | 194.57 | 198.45 | 194.24 | 0.494 times |
| 08 Wed May 2024 | 193.99 | 193.34 | 195.42 | 193.34 | 0.519 times |
| 07 Tue May 2024 | 194.07 | 193.28 | 195.41 | 193.22 | 0.851 times |
| 06 Mon May 2024 | 193.25 | 194.88 | 195.51 | 193.12 | 1.383 times |
| 03 Fri May 2024 | 193.97 | 190.00 | 195.50 | 177.22 | 1.678 times |
| 02 Thu May 2024 | 195.24 | 195.69 | 196.07 | 192.69 | 1.787 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 202.5 as stoploss in an intra day sell trade for a target of 198.51. However, stock will show a bullish move above 202.5.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 177.22 |
| Downside Target | 188.36 |
| Downside Target | 193.12 |
| Upside Target | 202.12 |
| Upside Target | 202.51 |
| Upside Target | 208.66 |
| Upside Target | 217.68 |
| Upside Target | 220.61 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 197.67 |
| Downside Intraday Target | 194.63 |
| Upside Intraday Target | 202.65 |
| Upside Intraday Target | 204.59 |
| Downside Intraday Target | 199.61 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 200.72 | 199.48 | 201.54 | 196.56 | 0.605 times |
| 10 Fri May 2024 | 198.43 | 194.88 | 199.49 | 193.12 | 0.461 times |
| 03 Fri May 2024 | 193.97 | 199.52 | 202.51 | 177.22 | 1.542 times |
| 26 Fri Apr 2024 | 198.52 | 204.47 | 208.66 | 196.83 | 1.082 times |
| 19 Fri Apr 2024 | 202.34 | 215.51 | 220.61 | 202.12 | 1.331 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 200.72 | 195.93 | 201.54 | 177.22 | 0.478 times |
| 30 Tue Apr 2024 | 194.38 | 227.22 | 227.22 | 193.89 | 1.113 times |
| 28 Thu Mar 2024 | 228.33 | 203.58 | 228.88 | 200.12 | 0.873 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Alamo Group (ALG)
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Alamo Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Alamo Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 195.66 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Alamo Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Alamo Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 195.66 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.