(ALG) Alamo Group complete technical analysis [charts+indicators] | Buy/Sell Alamo Group | (ALG) share price targets
Complete technical analysis of Alamo Group (ALG) by charts plus indicators, forecast predictions and share price targets for Alamo Group (ALG)
Alamo Group trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-04-11 View latest technical analysis
10 day averaged volume of Alamo Group is 69430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 219.89 | 216.85 | 219.89 | 214.69 | 0.737 times |
| 10 Wed Apr 2024 | 215.09 | 217.38 | 218.44 | 213.73 | 0.804 times |
| 09 Tue Apr 2024 | 222.78 | 220.45 | 222.88 | 219.09 | 0.618 times |
| 08 Mon Apr 2024 | 220.34 | 219.98 | 220.66 | 218.59 | 0.713 times |
| 05 Fri Apr 2024 | 218.60 | 215.94 | 219.12 | 215.94 | 0.477 times |
| 04 Thu Apr 2024 | 216.39 | 222.74 | 224.02 | 215.61 | 1.221 times |
| 03 Wed Apr 2024 | 219.89 | 213.53 | 220.97 | 213.53 | 1.289 times |
| 02 Tue Apr 2024 | 215.21 | 212.46 | 215.78 | 211.51 | 1.204 times |
| 01 Mon Apr 2024 | 213.89 | 227.22 | 227.22 | 213.82 | 1.135 times |
| 28 Thu Mar 2024 | 228.33 | 225.74 | 228.88 | 225.08 | 1.445 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 222.5 as stoploss in an intra day sell trade for a target of 215.24. However, stock will show a bullish move above 222.5.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 182.30 |
| Downside Target | 188.36 |
| Downside Target | 196.38 |
| Downside Target | 207.48 |
| Downside Target | 216.34 |
| Downside Target | 217.68 |
| Upside Target | 222.88 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 214.79 |
| Downside Intraday Target | 209.68 |
| Upside Intraday Target | 223.94 |
| Upside Intraday Target | 227.98 |
| Downside Intraday Target | 218.83 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 219.89 | 219.98 | 222.88 | 213.73 | 0.539 times |
| 05 Fri Apr 2024 | 218.60 | 227.22 | 227.22 | 211.51 | 1.081 times |
| 28 Thu Mar 2024 | 228.33 | 215.53 | 228.88 | 215.53 | 1.225 times |
| 22 Fri Mar 2024 | 214.35 | 205.10 | 215.73 | 201.82 | 0.778 times |
| 15 Fri Mar 2024 | 205.02 | 203.79 | 207.48 | 200.66 | 1.1 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 Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 219.89 | 227.22 | 227.22 | 211.51 | 0.414 times |
| 28 Thu Mar 2024 | 228.33 | 203.58 | 228.88 | 200.12 | 0.873 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 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 Alamo Group (ALG)
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) 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 Alamo Group ( (ALG) ) 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 Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 219.18 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group 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 Alamo Group ( (ALG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) 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 Alamo Group ( (ALG) ) 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 Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 219.18 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group 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.