(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 2024-04-11 View latest technical analysis
10 day averaged volume of is 1347150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 28.20 | 27.38 | 28.21 | 27.16 | 0.901 times |
| 10 Wed Apr 2024 | 27.03 | 27.16 | 27.36 | 26.89 | 0.788 times |
| 09 Tue Apr 2024 | 27.96 | 27.15 | 27.97 | 27.02 | 1.412 times |
| 08 Mon Apr 2024 | 26.65 | 26.55 | 27.04 | 26.47 | 0.601 times |
| 05 Fri Apr 2024 | 26.36 | 25.98 | 26.44 | 25.98 | 0.902 times |
| 04 Thu Apr 2024 | 26.15 | 26.02 | 26.66 | 25.86 | 1.357 times |
| 03 Wed Apr 2024 | 25.74 | 25.69 | 26.09 | 25.45 | 0.899 times |
| 02 Tue Apr 2024 | 25.68 | 26.41 | 26.41 | 25.68 | 0.886 times |
| 01 Mon Apr 2024 | 26.85 | 27.32 | 27.64 | 26.74 | 0.926 times |
| 28 Thu Mar 2024 | 26.96 | 26.87 | 27.22 | 26.87 | 1.23 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.8, but if it comes below 27.8, then a intra day sell could be more profitable.
If you take a sell trade below 27.8, then use 27.8 as stoploss and 27.02 as target. However if you take a buy trade in stock , then use 27.8 as stoploss and 28.7 as target.
Share price targets for (ALGM)
| Target Type | Value |
| Downside Target | 25.00 |
| Downside Target | 27.64 |
| Upside Target | 28.21 |
| Upside Target | 28.55 |
| Upside Target | 30.13 |
| Upside Target | 31.42 |
| Upside Target | 31.56 |
| Upside Target | 32.50 |
| Upside Target | 32.63 |
Intraday share price targets for (ALGM)
| Target Type | Value |
| Downside Intraday Target | 27.04 |
| Downside Intraday Target | 25.89 |
| Upside Intraday Target | 28.78 |
| Upside Intraday Target | 29.37 |
| Downside Intraday Target | 27.63 |
Weekly technical analysis of (ALGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 28.20 | 26.55 | 28.21 | 26.47 | 0.745 times |
| 05 Fri Apr 2024 | 26.36 | 27.32 | 27.64 | 25.45 | 1.279 times |
| 28 Thu Mar 2024 | 26.96 | 26.46 | 27.22 | 26.21 | 0.852 times |
| 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 |
Price has moved up 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 |
| 11 Thu Apr 2024 | 28.20 | 27.32 | 28.21 | 25.45 | 0.358 times |
| 28 Thu Mar 2024 | 26.96 | 31.55 | 32.63 | 26.21 | 0.75 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 |
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 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 short 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 short to mid 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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 26.8 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 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 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 short 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 short to mid 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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 26.8 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.