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 2024-09-11 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 250411

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	6277.95	6316.85	6359.55	6258.10	0.567 times
10 Tue Sep 2024	6316.85	6268.05	6375.00	6268.05	1.12 times
09 Mon Sep 2024	6268.05	6310.45	6345.10	6250.40	0.424 times
06 Fri Sep 2024	6309.95	6278.00	6346.70	6224.05	0.695 times
05 Thu Sep 2024	6276.55	6244.90	6346.00	6191.95	1.431 times
04 Wed Sep 2024	6207.80	6101.00	6239.25	6059.00	1.359 times
03 Tue Sep 2024	6108.75	6052.15	6170.00	6040.05	0.597 times
02 Mon Sep 2024	6073.65	6174.95	6190.00	6057.60	0.333 times
30 Fri Aug 2024	6170.35	6020.00	6199.90	5998.50	1.713 times
29 Thu Aug 2024	5999.30	6009.95	6064.80	5961.00	0.793 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6222.9, but if it comes below 6222.9, then a intra day sell could be more profitable.
If you take a sell trade below 6222.9, then use 6222.9 as stoploss and 5993.32 as target. However if you take a buy trade in stock , then use 6222.9 as stoploss and 6498.4 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	4407.05
Downside Target	4739.50
Downside Target	4872.00
Downside Target	5164.75
Downside Target	5450.00
Downside Target	5578.80
Downside Target	5850.00
Downside Target	6040.05
Downside Target	6199.90
Downside Target	6250.40
Upside Target	6346.70
Upside Target	6375.00

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	6227.23
Downside Intraday Target	6176.52
Upside Intraday Target	6351.83
Upside Intraday Target	6425.72
Upside Intraday Target	6301.12

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	6277.95	6310.45	6375.00	6250.40	0.478 times
06 Fri Sep 2024	6309.95	6174.95	6346.70	6040.05	0.656 times
30 Fri Aug 2024	6170.35	5795.15	6199.90	5700.00	1.176 times
23 Fri Aug 2024	5753.85	5722.15	5864.55	5677.35	1.154 times
16 Fri Aug 2024	5681.95	5850.00	5850.00	5625.60	0.396 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
11 Wed Sep 2024	6277.95	6174.95	6375.00	6040.05	0.211 times
30 Fri Aug 2024	6170.35	5353.00	6199.90	5164.75	1.756 times
31 Wed Jul 2024	5309.50	4992.00	5450.00	4872.00	0.805 times
28 Fri Jun 2024	4991.35	4815.00	5259.00	4407.05	0.811 times

Scroll below to view daily charts

Price has moved up 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alkem Laboratories in short term and the buy signal is strong.

Alkem Laboratories Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6210.4 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 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.