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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)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 445966

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	5124.90	5156.55	5169.50	5110.00	0.429 times
02 Sat Mar 2024	5106.55	5112.90	5148.80	5091.10	0.008 times
01 Fri Mar 2024	5112.90	5150.00	5168.95	5103.05	0.44 times
29 Thu Feb 2024	5127.35	5018.00	5148.30	4986.00	0.488 times
28 Wed Feb 2024	4990.25	5079.65	5079.80	4957.60	0.394 times
27 Tue Feb 2024	5044.05	5010.00	5096.35	4934.65	1.521 times
26 Mon Feb 2024	5061.85	5405.15	5413.80	4659.00	5.654 times
23 Fri Feb 2024	5421.15	5423.20	5472.10	5355.00	0.317 times
22 Thu Feb 2024	5423.20	5467.00	5479.45	5367.05	0.521 times
21 Wed Feb 2024	5415.50	5425.00	5520.00	5390.10	0.383 times

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 5094.8 as stoploss in an intra day buy trade for a target of 5245.25. However, stock will show a bearish move below 5094.8.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	3676.05
Downside Target	4589.25
Downside Target	4763.25
Downside Target	4967.45
Downside Target	5091.10
Upside Target	5315.50
Upside Target	5350.95
Upside Target	5413.80
Upside Target	5420.00
Upside Target	5458.20
Upside Target	5520.00

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5100.1
Downside Intraday Target	5075.3
Upside Intraday Target	5159.6
Upside Intraday Target	5194.3
Upside Intraday Target	5134.8

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	5124.90	5156.55	5169.50	5110.00	0.05 times
02 Sat Mar 2024	5106.55	5405.15	5413.80	4659.00	5.102 times
23 Fri Feb 2024	5421.15	5444.60	5520.00	5350.95	0.534 times
16 Fri Feb 2024	5444.60	5320.00	5458.20	4967.45	0.534 times
09 Fri Feb 2024	5327.90	4925.35	5420.00	4870.00	2.582 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
04 Mon Mar 2024	5124.90	5150.00	5169.50	5091.10	0.044 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 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 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 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 Alkem Laboratories stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Alkem Laboratories 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. Bulls are getting tired and bears are picking up momentum.

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 Alkem Laboratories in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 5107.56 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 falling down

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.