Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-23 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 182597

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	4704.40	4759.80	4791.80	4665.00	0.798 times
22 Mon Apr 2024	4745.70	4644.25	4756.00	4631.40	1.032 times
19 Fri Apr 2024	4616.35	4625.00	4644.95	4567.05	0.516 times
18 Thu Apr 2024	4650.85	4740.00	4749.15	4636.40	1.724 times
16 Tue Apr 2024	4734.30	4700.00	4775.95	4680.00	0.656 times
15 Mon Apr 2024	4715.65	4725.00	4755.00	4672.50	0.9 times
12 Fri Apr 2024	4735.20	4824.50	4870.00	4725.15	0.873 times
10 Wed Apr 2024	4824.50	4868.25	4874.20	4813.20	1.006 times
09 Tue Apr 2024	4882.60	4880.00	4920.20	4856.05	0.362 times
08 Mon Apr 2024	4888.35	4919.95	4950.00	4845.30	0.825 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4716.6, but if it comes above 4716.6, then a intra day buy could be more profitable.
If you take a sell trade below 4716.6, then use 4716.6 as stoploss and 4576.4 as target. However if you take a buy trade in stock , then use 4716.6 as stoploss and 4833.49 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	4567.05
Upside Target	4830.00
Upside Target	4950.00
Upside Target	5059.10
Upside Target	5095.00
Upside Target	5216.75
Upside Target	5225.00
Upside Target	5315.50
Upside Target	5520.00

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	4626.6
Downside Intraday Target	4548.8
Upside Intraday Target	4787
Upside Intraday Target	4869.6
Upside Intraday Target	4709.2

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	4704.40	4644.25	4791.80	4631.40	0.482 times
19 Fri Apr 2024	4616.35	4725.00	4775.95	4567.05	1.238 times
12 Fri Apr 2024	4735.20	4919.95	4950.00	4725.15	0.657 times
05 Fri Apr 2024	4912.65	4930.15	5095.00	4830.00	1.188 times
28 Thu Mar 2024	4942.00	4650.00	5059.10	4650.00	0.871 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
23 Tue Apr 2024	4704.40	4930.15	5095.00	4567.05	0.76 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 Alkem Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4738.76 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 negative.

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