(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.
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Alamo Group is 78850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 214.32 | 213.09 | 215.20 | 212.77 | 0.817 times |
| 21 Wed Feb 2024 | 214.55 | 215.84 | 215.84 | 213.13 | 0.604 times |
| 20 Tue Feb 2024 | 215.92 | 214.45 | 217.16 | 213.56 | 0.821 times |
| 16 Fri Feb 2024 | 217.33 | 219.67 | 222.00 | 217.30 | 1.162 times |
| 15 Thu Feb 2024 | 221.20 | 218.52 | 222.00 | 217.62 | 0.762 times |
| 14 Wed Feb 2024 | 217.74 | 215.99 | 218.74 | 210.01 | 0.815 times |
| 13 Tue Feb 2024 | 212.25 | 218.72 | 218.72 | 210.29 | 1.451 times |
| 12 Mon Feb 2024 | 225.21 | 218.40 | 231.40 | 218.40 | 1.971 times |
| 09 Fri Feb 2024 | 218.35 | 215.80 | 219.03 | 214.63 | 0.767 times |
| 08 Thu Feb 2024 | 216.01 | 216.41 | 217.69 | 214.30 | 0.855 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 213 as stoploss in an intra day buy trade for a target of 216.04. However, stock will show a bearish move below 213.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 157.74 |
| Downside Target | 178.89 |
| Downside Target | 191.91 |
| Downside Target | 196.38 |
| Downside Target | 207.00 |
| Upside Target | 216.34 |
| Upside Target | 217.16 |
| Upside Target | 217.68 |
| Upside Target | 218.36 |
| Upside Target | 219.03 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 212.34 |
| Downside Intraday Target | 210.36 |
| Upside Intraday Target | 216.73 |
| Upside Intraday Target | 219.14 |
| Upside Intraday Target | 214.75 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 214.32 | 214.45 | 217.16 | 212.77 | 0.364 times |
| 16 Fri Feb 2024 | 217.33 | 218.40 | 231.40 | 210.01 | 1.79 times |
| 09 Fri Feb 2024 | 218.35 | 215.05 | 219.03 | 212.30 | 0.985 times |
| 02 Fri Feb 2024 | 217.75 | 213.42 | 218.36 | 209.14 | 1.103 times |
| 26 Fri Jan 2024 | 213.00 | 207.00 | 215.60 | 207.00 | 0.709 times |
Price has moved down 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 |
| 22 Thu Feb 2024 | 214.32 | 213.83 | 231.40 | 209.14 | 0.691 times |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 times |
| 29 Fri Dec 2023 | 210.19 | 183.49 | 216.34 | 182.30 | 0.959 times |
| 30 Thu Nov 2023 | 183.70 | 160.15 | 191.91 | 158.16 | 1.122 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer 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.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 217.91 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer 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.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 217.91 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.