(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 2024-03-04 View latest technical analysis
10 day averaged volume of is 1585440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 31.08 | 32.45 | 32.45 | 30.47 | 2.076 times |
| 01 Fri Mar 2024 | 32.48 | 31.55 | 32.63 | 31.55 | 1.144 times |
| 29 Thu Feb 2024 | 31.49 | 31.25 | 31.56 | 30.67 | 1.015 times |
| 28 Wed Feb 2024 | 30.79 | 30.47 | 30.96 | 30.28 | 0.874 times |
| 27 Tue Feb 2024 | 30.94 | 31.48 | 31.68 | 30.94 | 1.714 times |
| 26 Mon Feb 2024 | 31.72 | 30.96 | 31.90 | 30.83 | 0.808 times |
| 23 Fri Feb 2024 | 30.68 | 31.07 | 31.07 | 30.47 | 0.654 times |
| 22 Thu Feb 2024 | 31.09 | 31.69 | 31.95 | 31.05 | 0.824 times |
| 21 Wed Feb 2024 | 31.05 | 30.46 | 31.11 | 30.01 | 0.928 times |
| 20 Tue Feb 2024 | 30.79 | 30.72 | 30.91 | 30.12 | 0.906 times |
Stock of (ALGM) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 31.6 or till 32.5. Use a stoploss of 30.94 and if this stock hits its stoploss, then it can fall down till 30.23
Share price targets for (ALGM)
| Target Type | Value |
| Downside Target | 24.66 |
| Downside Target | 25.82 |
| Downside Target | 28.70 |
| Downside Target | 30.01 |
| Upside Target | 31.42 |
| Upside Target | 31.95 |
| Upside Target | 32.04 |
| Upside Target | 32.45 |
| Upside Target | 32.50 |
| Upside Target | 32.63 |
Intraday share price targets for (ALGM)
| Target Type | Value |
| Downside Intraday Target | 30.22 |
| Downside Intraday Target | 29.35 |
| Upside Intraday Target | 32.2 |
| Upside Intraday Target | 33.31 |
| Upside Intraday Target | 31.33 |
Weekly technical analysis of (ALGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 31.08 | 32.45 | 32.45 | 30.47 | 0.374 times |
| 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 |
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 |
| 04 Mon Mar 2024 | 31.08 | 31.55 | 32.63 | 30.47 | 0.117 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 down 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 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 ( (ALGM) ) 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 ( (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 Weak and stock is losing momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.22 and (ALGM) 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 (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 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 ( (ALGM) ) 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 ( (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 Weak and stock is losing momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.22 and (ALGM) 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 (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.