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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 2024-03-14 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 147329

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	4985.35	4915.00	5017.00	4881.10	0.478 times
13 Wed Mar 2024	4945.65	5064.95	5080.90	4895.05	1.636 times
12 Tue Mar 2024	5056.80	5173.15	5188.95	5041.30	0.479 times
11 Mon Mar 2024	5157.25	5188.00	5225.00	5138.35	1.025 times
07 Thu Mar 2024	5144.30	5222.00	5225.00	5136.95	0.879 times
06 Wed Mar 2024	5212.45	5100.10	5221.70	5087.30	1.271 times
05 Tue Mar 2024	5100.35	5139.60	5139.65	5043.60	0.577 times
04 Mon Mar 2024	5124.90	5156.55	5169.50	5110.00	1.299 times
02 Sat Mar 2024	5106.55	5112.90	5148.80	5091.10	0.024 times
01 Fri Mar 2024	5112.90	5150.00	5168.95	5103.05	1.332 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5017.5, but if it comes above 5017.5, then a intra day buy could be more profitable.
If you take a sell trade below 5017.5, then use 5017.5 as stoploss and 4813.5 as target. However if you take a buy trade in stock , then use 5017.5 as stoploss and 5187.46 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	3676.05
Downside Target	4589.25
Downside Target	4763.25
Upside Target	5216.75
Upside Target	5225.00
Upside Target	5315.50
Upside Target	5350.95
Upside Target	5413.80
Upside Target	5458.20
Upside Target	5520.00

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	4835.97
Downside Intraday Target	4686.58
Upside Intraday Target	5179.87
Upside Intraday Target	5374.38
Upside Intraday Target	5030.48

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	4985.35	5188.00	5225.00	4881.10	0.899 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
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

Price has moved down 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
14 Thu Mar 2024	4985.35	5150.00	5225.00	4881.10	0.15 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 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 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 Strong and stock is gaining momentum.

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

Alkem Laboratories Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Alkem Laboratories in short term and SELL signal is strong!

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 5095.83 and Alkem Laboratories (ALKEM) stock is trading below this level. This means that stock is falling with high volumes. 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.