(ALGM) complete technical analysis [charts+indicators] | Buy/Sell | (ALGM) share price targets
Complete technical analysis of (ALGM) by charts plus indicators, forecast predictions and share price targets for (ALGM)
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of is 1798920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 30.68 | 31.07 | 31.07 | 30.47 | 0.576 times |
| 22 Thu Feb 2024 | 31.09 | 31.69 | 31.95 | 31.05 | 0.727 times |
| 21 Wed Feb 2024 | 31.05 | 30.46 | 31.11 | 30.01 | 0.818 times |
| 20 Tue Feb 2024 | 30.79 | 30.72 | 30.91 | 30.12 | 0.799 times |
| 16 Fri Feb 2024 | 31.15 | 31.36 | 32.50 | 30.78 | 0.998 times |
| 15 Thu Feb 2024 | 31.25 | 31.21 | 31.85 | 30.63 | 1.935 times |
| 14 Wed Feb 2024 | 31.23 | 30.85 | 31.28 | 30.51 | 1.368 times |
| 13 Tue Feb 2024 | 30.34 | 30.39 | 30.95 | 30.09 | 1.036 times |
| 12 Mon Feb 2024 | 31.64 | 31.55 | 32.21 | 31.55 | 0.84 times |
| 09 Fri Feb 2024 | 31.53 | 31.12 | 32.04 | 30.90 | 0.734 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 31.5 as stoploss in an intra day sell trade for a target of 29.74. However, stock will show a bullish move above 31.5.
Share price targets for (ALGM)
| Target Type | Value |
| Downside Target | 24.66 |
| Downside Target | 28.70 |
| Downside Target | 30.01 |
| Downside Target | 30.09 |
| Downside Target | 30.13 |
| Upside Target | 31.42 |
| Upside Target | 31.95 |
| Upside Target | 32.04 |
| Upside Target | 32.19 |
| Upside Target | 32.50 |
Intraday share price targets for (ALGM)
| Target Type | Value |
| Downside Intraday Target | 29.81 |
| Downside Intraday Target | 28.94 |
| Upside Intraday Target | 31.75 |
| Upside Intraday Target | 32.82 |
| Upside Intraday Target | 30.88 |
Weekly technical analysis of (ALGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 30.68 | 30.72 | 31.95 | 30.01 | 0.473 times |
| 16 Fri Feb 2024 | 31.15 | 31.55 | 32.50 | 30.09 | 1.18 times |
| 09 Fri Feb 2024 | 31.53 | 28.88 | 32.04 | 28.70 | 0.613 times |
| 02 Fri Feb 2024 | 28.66 | 27.01 | 29.50 | 25.82 | 1.729 times |
| 26 Fri Jan 2024 | 26.76 | 28.46 | 29.10 | 26.67 | 1.462 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 (ALGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 30.68 | 25.88 | 32.50 | 25.82 | 1.051 times |
| 31 Wed Jan 2024 | 25.94 | 29.90 | 30.13 | 25.00 | 1.304 times |
| 29 Fri Dec 2023 | 30.27 | 27.15 | 31.42 | 26.20 | 0.934 times |
| 30 Thu Nov 2023 | 27.22 | 25.91 | 28.99 | 24.66 | 1.068 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 (ALGM)
Price action analysis of ( (ALGM) ) based on a short 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 ( (ALGM) ) 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 ( (ALGM) ) based on a short to mid 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 ( (ALGM) ) 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 stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.1 and (ALGM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the (ALGM) stock. Volume based technical analysis of (ALGM) stock is negative.
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 ( (ALGM) ) based on a short 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 ( (ALGM) ) 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 ( (ALGM) ) based on a short to mid 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 ( (ALGM) ) 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 stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.1 and (ALGM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the (ALGM) stock. Volume based technical analysis of (ALGM) stock is negative.
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.