(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 2024-03-12 View latest technical analysis
10 day averaged volume of is 1965510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 30.25 | 31.11 | 31.14 | 29.80 | 0.844 times |
| 11 Mon Mar 2024 | 30.97 | 30.86 | 31.56 | 30.78 | 0.714 times |
| 08 Fri Mar 2024 | 31.18 | 31.62 | 32.18 | 31.00 | 1.027 times |
| 07 Thu Mar 2024 | 31.29 | 30.87 | 31.83 | 30.67 | 1.147 times |
| 06 Wed Mar 2024 | 30.56 | 30.07 | 31.42 | 29.79 | 0.809 times |
| 05 Tue Mar 2024 | 29.42 | 30.68 | 30.94 | 29.11 | 0.799 times |
| 04 Mon Mar 2024 | 31.08 | 32.45 | 32.45 | 30.47 | 1.674 times |
| 01 Fri Mar 2024 | 32.48 | 31.55 | 32.63 | 31.55 | 0.923 times |
| 29 Thu Feb 2024 | 31.49 | 31.25 | 31.56 | 30.67 | 0.818 times |
| 28 Wed Feb 2024 | 30.79 | 30.47 | 30.96 | 30.28 | 0.705 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.4, but if it comes above 30.4, then a intra day buy could be more profitable.
If you take a sell trade below 30.4, then use 30.4 as stoploss and 29.7 as target. However if you take a buy trade in stock , then use 30.4 as stoploss and 30.99 as target.
Share price targets for (ALGM)
| Target Type | Value |
| Downside Target | 24.66 |
| Downside Target | 25.82 |
| Downside Target | 28.99 |
| Downside Target | 29.80 |
| Upside Target | 31.42 |
| Upside Target | 31.56 |
| Upside Target | 31.95 |
| Upside Target | 32.45 |
| Upside Target | 32.50 |
| Upside Target | 32.63 |
Intraday share price targets for (ALGM)
| Target Type | Value |
| Downside Intraday Target | 29.51 |
| Downside Intraday Target | 28.78 |
| Upside Intraday Target | 31.27 |
| Upside Intraday Target | 32.3 |
| Upside Intraday Target | 30.54 |
Weekly technical analysis of (ALGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 30.25 | 30.86 | 31.56 | 29.80 | 0.286 times |
| 08 Fri Mar 2024 | 31.18 | 32.45 | 32.45 | 29.11 | 1.218 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 |
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 |
| 12 Tue Mar 2024 | 30.25 | 31.55 | 32.63 | 29.11 | 0.359 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 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 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 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 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 SELL. 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. 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 in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 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 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 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 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 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 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 SELL. 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. 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 in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 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 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.