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

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

Alembic trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-05-21 View latest technical analysis

10 day averaged volume of Alembic is 2996046

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	105.90	101.95	107.30	100.45	1.524 times
18 Sat May 2024	101.65	102.05	102.80	100.25	0.149 times
17 Fri May 2024	101.25	98.70	102.20	98.70	0.68 times
16 Thu May 2024	99.20	99.60	102.40	98.30	0.917 times
15 Wed May 2024	99.05	100.35	101.45	98.05	1.183 times
14 Tue May 2024	100.35	94.80	103.40	92.25	6.346 times
13 Mon May 2024	87.65	88.70	89.35	85.30	0.187 times
10 Fri May 2024	88.50	86.80	89.00	86.00	0.128 times
09 Thu May 2024	86.35	89.30	90.05	86.00	0.142 times
08 Wed May 2024	89.20	88.40	90.30	88.40	0.111 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 105.9, for a target of 99.6 or 94.41

Share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Target	78.10
Downside Target	84.25
Downside Target	88.55
Downside Target	90.70
Downside Target	93.20
Downside Target	96.05
Downside Target	100.00
Downside Target	101.25
Downside Target	101.95
Downside Target	103.40
Upside Target	107.30
Upside Target	107.65

Intraday share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Intraday Target	101.8
Downside Intraday Target	97.7
Upside Intraday Target	108.65
Upside Intraday Target	111.4
Downside Intraday Target	104.55

Weekly technical analysis of Alembic (ALEMBICLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	105.90	101.95	107.30	100.45	0.161 times
18 Sat May 2024	101.65	88.70	103.40	85.30	13.984 times
10 Fri May 2024	88.50	92.35	93.25	86.00	1.156 times
03 Fri May 2024	91.60	95.00	96.05	90.70	0.588 times
26 Fri Apr 2024	94.35	93.40	97.00	90.95	1.331 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 Alembic (ALEMBICLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	105.90	93.20	107.30	85.30	2.405 times
30 Tue Apr 2024	92.70	84.45	100.00	84.25	1.033 times
28 Thu Mar 2024	83.45	100.00	101.95	78.10	0.302 times
29 Thu Feb 2024	98.50	94.10	107.65	93.20	1.262 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 Alembic (ALEMBICLTD)

Price action analysis of Alembic ( (ALEMBICLTD) ) 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 Alembic ( (ALEMBICLTD) ) 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 Alembic ( (ALEMBICLTD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Alembic stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Alembic 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.

Alembic 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Alembic in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Alembic is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.31 and Alembic (ALEMBICLTD) 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 Alembic (ALEMBICLTD) stock. Volume based technical analysis of Alembic (ALEMBICLTD) stock is negative.

Alembic 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.