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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 2024-09-18 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 202797

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	6090.30	6244.95	6255.00	6050.00	0.554 times
17 Tue Sep 2024	6216.85	6345.00	6357.95	6182.65	0.744 times
16 Mon Sep 2024	6357.45	6369.00	6411.25	6325.00	0.234 times
13 Fri Sep 2024	6366.25	6339.00	6439.90	6321.10	0.667 times
12 Thu Sep 2024	6347.85	6297.35	6428.90	6281.45	1.444 times
11 Wed Sep 2024	6277.95	6316.85	6359.55	6258.10	0.7 times
10 Tue Sep 2024	6316.85	6268.05	6375.00	6268.05	1.383 times
09 Mon Sep 2024	6268.05	6310.45	6345.10	6250.40	0.524 times
06 Fri Sep 2024	6309.95	6278.00	6346.70	6224.05	0.859 times
05 Thu Sep 2024	6276.55	6244.90	6346.00	6191.95	1.766 times

My analysis of stock is bearish for shortterm, and stock might move down till 5935.1 or till 5700.2. Use a stoploss of 6130.84 and if the stock hits stoploss, then it can shoot up till 6326.59

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	5864.55
Downside Target	6040.05
Upside Target	6199.90
Upside Target	6250.40
Upside Target	6346.70
Upside Target	6411.25
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5956.45
Downside Intraday Target	5822.6
Upside Intraday Target	6317.7
Upside Intraday Target	6545.1
Upside Intraday Target	6183.85

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	6090.30	6369.00	6411.25	6050.00	0.325 times
13 Fri Sep 2024	6366.25	6310.45	6439.90	6250.40	0.866 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

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
18 Wed Sep 2024	6090.30	6174.95	6439.90	6040.05	0.307 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term but buying is losing 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 6289.53 and Alkem Laboratories (ALKEM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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