(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 2024-03-01 View latest technical analysis
10 day averaged volume of is 1752260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 32.48 | 31.55 | 32.63 | 31.55 | 1.035 times |
| 29 Thu Feb 2024 | 31.49 | 31.25 | 31.56 | 30.67 | 0.918 times |
| 28 Wed Feb 2024 | 30.79 | 30.47 | 30.96 | 30.28 | 0.791 times |
| 27 Tue Feb 2024 | 30.94 | 31.48 | 31.68 | 30.94 | 1.551 times |
| 26 Mon Feb 2024 | 31.72 | 30.96 | 31.90 | 30.83 | 0.731 times |
| 23 Fri Feb 2024 | 30.68 | 31.07 | 31.07 | 30.47 | 0.592 times |
| 22 Thu Feb 2024 | 31.09 | 31.69 | 31.95 | 31.05 | 0.746 times |
| 21 Wed Feb 2024 | 31.05 | 30.46 | 31.11 | 30.01 | 0.84 times |
| 20 Tue Feb 2024 | 30.79 | 30.72 | 30.91 | 30.12 | 0.82 times |
| 16 Fri Feb 2024 | 31.15 | 31.36 | 32.50 | 30.78 | 1.025 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 32.7, for a target of 31.7 or 30.82
Share price targets for (ALGM)
| Target Type | Value |
| Downside Target | 24.66 |
| Downside Target | 25.82 |
| Downside Target | 28.70 |
| Downside Target | 31.42 |
| Downside Target | 31.55 |
| Downside Target | 31.95 |
| Downside Target | 32.04 |
| Upside Target | 32.50 |
| Upside Target | 32.63 |
Intraday share price targets for (ALGM)
| Target Type | Value |
| Downside Intraday Target | 30.96 |
| Downside Intraday Target | 29.45 |
| Upside Intraday Target | 33.31 |
| Upside Intraday Target | 34.15 |
| Downside Intraday Target | 31.8 |
Weekly technical analysis of (ALGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 32.48 | 30.96 | 32.63 | 30.28 | 1.677 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (ALGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 32.48 | 31.55 | 32.63 | 31.55 | 0.042 times |
| 29 Thu Feb 2024 | 31.49 | 25.88 | 32.50 | 25.82 | 1.253 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 |
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 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 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 gaining momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY 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 31.24 and (ALGM) 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 (ALGM) stock. Volume based technical analysis of (ALGM) stock is negative.
Stock is giving positive 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 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 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 gaining momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY 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 31.24 and (ALGM) 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 (ALGM) stock. Volume based technical analysis of (ALGM) stock is negative.
Stock is giving positive 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.