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(ALCHEM) Alchemist complete technical analysis [charts+indicators] | Buy/Sell Alchemist | (ALCHEM) share price targets

Complete technical analysis of Alchemist (ALCHEM) by charts plus indicators, forecast predictions and share price targets for Alchemist (ALCHEM)

Alchemist trades in NSE in Comm.Trading & Distribution sector.

10 day averaged volume of Alchemist is 100232

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Dec 2020	10.45	11.45	11.45	10.45	1.754 times
15 Tue Dec 2020	10.95	10.95	10.95	10.95	1.118 times
14 Mon Dec 2020	10.45	10.45	10.45	10.45	0.642 times
11 Fri Dec 2020	9.50	9.50	9.50	9.50	0.637 times
10 Thu Dec 2020	8.65	8.65	8.65	8.65	0.652 times
09 Wed Dec 2020	7.90	7.85	7.90	7.10	1.441 times
08 Tue Dec 2020	6.60	5.70	6.60	5.55	1.823 times
07 Mon Dec 2020	5.50	5.40	5.75	5.30	2.222 times
04 Fri Dec 2020	5.30	5.50	5.50	5.15	0.741 times
03 Thu Dec 2020	5.30	5.35	5.35	5.05	0.425 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 11.3, for a target of 8.7 or 6.58

Share price targets for Alchemist (ALCHEM)

Target Type	Value
Downside Target	4.05
Downside Target	4.30
Downside Target	4.60
Downside Target	4.75
Downside Target	4.90
Downside Target	5.25
Downside Target	5.45
Downside Target	6.70
Downside Target	7.75
Downside Target	9.50
Downside Target	10.45
Upside Target	11.45

Intraday share price targets for Alchemist (ALCHEM)

Target Type	Value
Downside Intraday Target	10.12
Downside Intraday Target	9.78
Upside Intraday Target	11.12
Upside Intraday Target	11.78
Upside Intraday Target	10.78

Weekly technical analysis of Alchemist (ALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Dec 2020	10.45	10.45	11.45	10.45	0.519 times
11 Fri Dec 2020	9.50	5.40	9.50	5.30	3.431 times
04 Fri Dec 2020	5.30	4.90	5.50	4.90	0.758 times
27 Fri Nov 2020	5.15	5.55	5.55	4.75	1.419 times
20 Fri Nov 2020	5.25	5.10	5.25	4.60	0.942 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 Alchemist (ALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Dec 2020	10.45	4.90	11.45	4.90	1.685 times
27 Fri Nov 2020	5.15	4.55	5.55	4.05	0.949 times
30 Fri Oct 2020	4.55	5.30	5.45	4.30	0.933 times
30 Wed Sep 2020	5.15	6.70	6.70	4.80	0.776 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alchemist (ALCHEM)

Price action analysis of Alchemist ( (ALCHEM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alchemist ( (ALCHEM) ) 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 Alchemist ( (ALCHEM) ) 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 Alchemist ( (ALCHEM) ) 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 Alchemist stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alchemist in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alchemist Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Alchemist 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alchemist is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.93 and Alchemist (ALCHEM) 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 Alchemist (ALCHEM) stock. Volume based technical analysis of Alchemist (ALCHEM) stock is negative.

Alchemist Stock is giving positive 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.