(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 2024-03-22 View latest technical analysis
10 day averaged volume of is 1582420
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 26.81 | 27.42 | 27.61 | 26.78 | 0.658 times |
21 Thu Mar 2024 | 27.73 | 28.33 | 28.55 | 27.66 | 0.88 times |
20 Wed Mar 2024 | 27.77 | 27.23 | 27.99 | 26.78 | 0.663 times |
19 Tue Mar 2024 | 27.22 | 27.34 | 27.54 | 26.96 | 0.815 times |
18 Mon Mar 2024 | 27.78 | 27.76 | 28.32 | 27.70 | 0.867 times |
15 Fri Mar 2024 | 27.50 | 27.83 | 28.03 | 27.38 | 1.794 times |
14 Thu Mar 2024 | 28.43 | 29.42 | 29.45 | 28.09 | 1.016 times |
13 Wed Mar 2024 | 29.62 | 29.89 | 30.28 | 29.56 | 0.754 times |
12 Tue Mar 2024 | 30.25 | 31.11 | 31.14 | 29.80 | 1.048 times |
11 Mon Mar 2024 | 30.97 | 30.86 | 31.56 | 30.78 | 0.887 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28, but if it comes above 28, then a intra day buy could be more profitable.
If you take a sell trade below 28, then use 28 as stoploss and 26 as target. However if you take a buy trade in stock , then use 28 as stoploss and 29.75 as target.
Share price targets for (ALGM)
Target Type | Value |
Downside Target | 24.66 |
Downside Target | 25.82 |
Downside Target | 26.78 |
Upside Target | 27.38 |
Upside Target | 28.55 |
Upside Target | 30.01 |
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 | 26.21 |
Downside Intraday Target | 25.61 |
Upside Intraday Target | 27.98 |
Upside Intraday Target | 29.15 |
Upside Intraday Target | 27.38 |
Weekly technical analysis of (ALGM)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 26.81 | 27.76 | 28.55 | 26.78 | 0.706 times |
15 Fri Mar 2024 | 27.50 | 30.86 | 31.56 | 27.38 | 0.811 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 |
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 |
22 Fri Mar 2024 | 26.81 | 31.55 | 32.63 | 26.78 | 0.63 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 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 ( (ALGM) ) 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 ( (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 Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 28.4 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 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 ( (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 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 ( (ALGM) ) 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 ( (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 Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 28.4 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.