(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 2024-03-04 View latest technical analysis
10 day averaged volume of Alamo Group is 87370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 204.99 | 204.44 | 205.84 | 202.29 | 0.54 times |
| 01 Fri Mar 2024 | 202.68 | 203.58 | 203.58 | 201.51 | 0.778 times |
| 29 Thu Feb 2024 | 202.29 | 205.52 | 205.95 | 201.84 | 0.968 times |
| 28 Wed Feb 2024 | 202.72 | 199.97 | 203.47 | 199.97 | 0.917 times |
| 27 Tue Feb 2024 | 202.08 | 201.93 | 203.13 | 200.26 | 1.011 times |
| 26 Mon Feb 2024 | 199.35 | 202.49 | 204.31 | 198.33 | 1.349 times |
| 23 Fri Feb 2024 | 203.55 | 207.40 | 210.00 | 188.36 | 1.906 times |
| 22 Thu Feb 2024 | 214.32 | 213.09 | 215.20 | 212.77 | 0.737 times |
| 21 Wed Feb 2024 | 214.55 | 215.84 | 215.84 | 213.13 | 0.545 times |
| 20 Tue Feb 2024 | 215.92 | 214.45 | 217.16 | 213.56 | 0.741 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 204.4 as stoploss in an intra day buy trade for a target of 211.72. However, stock will show a bearish move below 204.4.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 158.16 |
| Downside Target | 182.30 |
| Downside Target | 188.36 |
| Downside Target | 196.38 |
| Upside Target | 210.01 |
| Upside Target | 212.30 |
| Upside Target | 216.34 |
| Upside Target | 217.16 |
| Upside Target | 217.68 |
| Upside Target | 219.03 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 202.91 |
| Downside Intraday Target | 200.82 |
| Upside Intraday Target | 206.46 |
| Upside Intraday Target | 207.92 |
| Downside Intraday Target | 204.37 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 204.99 | 204.44 | 205.84 | 202.29 | 0.108 times |
| 01 Fri Mar 2024 | 202.68 | 202.49 | 205.95 | 198.33 | 1.279 times |
| 23 Fri Feb 2024 | 203.55 | 214.45 | 217.16 | 188.36 | 0.706 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 |
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 |
| 04 Mon Mar 2024 | 204.99 | 203.58 | 205.84 | 201.51 | 0.073 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid 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.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer 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
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 SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 205.03 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid 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.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer 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
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 SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 205.03 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.