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(ALKEM) Alkem Laboratories complete technical analysis [charts+indicators] | Buy/Sell Alkem Laboratories | (ALKEM) share price targets

Complete technical analysis of Alkem Laboratories (ALKEM) by charts plus indicators, forecast predictions and share price targets for Alkem Laboratories (ALKEM)

10 day averaged volume of Alkem Laboratories is 176745

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 4942.00 4935.00 5009.95 4820.05 2.419 times
27 Wed Mar 2024 5004.20 5049.35 5059.10 4962.05 0.509 times
26 Tue Mar 2024 5002.15 4650.00 5022.50 4650.00 1.13 times
22 Fri Mar 2024 4789.75 4829.10 4829.10 4770.05 0.782 times
21 Thu Mar 2024 4795.95 4800.00 4835.00 4744.85 1.557 times
20 Wed Mar 2024 4784.15 4897.40 4903.10 4767.60 1.035 times
19 Tue Mar 2024 4871.80 5000.00 5000.30 4862.85 0.822 times
18 Mon Mar 2024 4975.65 5050.00 5068.80 4910.00 0.461 times
15 Fri Mar 2024 5045.20 4990.00 5095.65 4857.05 1.94 times
14 Thu Mar 2024 4985.35 4915.00 5017.00 4881.10 0.399 times

Stock of Alkem Laboratories (ALKEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4889 as stoploss in an intra day buy trade for a target of 5014.24. However, stock will show a bearish move below 4889.

Share price targets for Alkem Laboratories (ALKEM)

Target Type Value
Downside Target 3676.05
Downside Target 4589.25
Upside Target 5043.60
Upside Target 5068.80
Upside Target 5216.75
Upside Target 5225.00
Upside Target 5315.50
Upside Target 5413.80
Upside Target 5520.00

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type Value
Downside Intraday Target 4708.3
Downside Intraday Target 4474.6
Upside Intraday Target 5117.4
Upside Intraday Target 5292.8
Downside Intraday Target 4883.7

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 4942.00 4650.00 5059.10 4650.00 0.871 times
22 Fri Mar 2024 4789.75 5050.00 5068.80 4744.85 0.94 times
15 Fri Mar 2024 5045.20 5188.00 5225.00 4857.05 1.477 times
07 Thu Mar 2024 5144.30 5156.55 5225.00 5043.60 0.156 times
02 Sat Mar 2024 5106.55 5405.15 5413.80 4659.00 5.102 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 Alkem Laboratories (ALKEM)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 4942.00 5150.00 5225.00 4650.00 0.362 times
29 Thu Feb 2024 5127.35 5000.15 5520.00 4659.00 2.376 times
31 Wed Jan 2024 4996.05 5209.95 5315.50 4763.25 0.576 times
29 Fri Dec 2023 5202.60 4724.90 5216.75 4589.25 0.973 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 Alkem Laboratories (ALKEM)

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

Price action analysis of Alkem Laboratories ( (ALKEM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Alkem Laboratories ( (ALKEM) ) 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 Alkem Laboratories ( (ALKEM) ) based on a mid to longer 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.

ADX buy sell signal for Alkem Laboratories stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Alkem Laboratories in short term and the sell signal is strong.

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

Alkem Laboratories 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 coming down

CCI has generated a SELL signal for Alkem Laboratories in short term but SELL signal is weak.

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 Alkem Laboratories is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4920.74 and Alkem Laboratories (ALKEM) 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 Alkem Laboratories (ALKEM) stock. Volume based technical analysis of Alkem Laboratories (ALKEM) stock is negative.

Alkem Laboratories 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 Alkem Laboratories ( (ALKEM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alkem Laboratories ( (ALKEM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Alkem Laboratories ( (ALKEM) ) 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 Alkem Laboratories ( (ALKEM) ) based on a mid to longer 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.

ADX buy sell signal for Alkem Laboratories stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Alkem Laboratories in short term and the sell signal is strong.

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

Alkem Laboratories 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 coming down

CCI has generated a SELL signal for Alkem Laboratories in short term but SELL signal is weak.

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 Alkem Laboratories is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4920.74 and Alkem Laboratories (ALKEM) 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 Alkem Laboratories (ALKEM) stock. Volume based technical analysis of Alkem Laboratories (ALKEM) stock is negative.

Alkem Laboratories 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.

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Daily charts

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