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 2024-10-17 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 187885

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	6023.00	6108.55	6195.45	5998.00	0.847 times
16 Wed Oct 2024	6094.30	6299.95	6299.95	6042.50	0.952 times
15 Tue Oct 2024	6265.50	6267.15	6318.55	6230.70	0.583 times
14 Mon Oct 2024	6251.45	6191.30	6270.00	6166.50	0.651 times
11 Fri Oct 2024	6191.30	6188.90	6233.00	6109.70	0.586 times
10 Thu Oct 2024	6137.10	6310.00	6340.55	6071.40	0.709 times
09 Wed Oct 2024	6294.10	6299.80	6375.55	6270.10	0.756 times
08 Tue Oct 2024	6250.85	6125.25	6266.50	6104.30	0.597 times
07 Mon Oct 2024	6160.25	6230.00	6267.20	6108.65	1.604 times
04 Fri Oct 2024	6194.15	6175.00	6320.00	6083.35	1.776 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6070.9, but if it comes above 6070.9, then a intra day buy could be more profitable.
If you take a sell trade below 6070.9, then use 6070.9 as stoploss and 5970.9 as target. However if you take a buy trade in stock , then use 6070.9 as stoploss and 6154.33 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	4407.05
Downside Target	4872.00
Downside Target	5164.75
Downside Target	5450.00
Downside Target	5966.05
Upside Target	6199.90
Upside Target	6264.00
Upside Target	6318.55
Upside Target	6320.00
Upside Target	6375.55
Upside Target	6411.25
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5907.82
Downside Intraday Target	5792.63
Upside Intraday Target	6228.37
Upside Intraday Target	6433.73
Upside Intraday Target	6113.18

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	6023.00	6191.30	6318.55	5998.00	0.713 times
11 Fri Oct 2024	6191.30	6230.00	6375.55	6071.40	0.877 times
04 Fri Oct 2024	6194.15	6184.60	6320.00	6030.60	0.97 times
27 Fri Sep 2024	6184.60	6111.00	6264.00	5966.05	1.386 times
20 Fri Sep 2024	6086.75	6369.00	6411.25	6042.50	0.708 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
17 Thu Oct 2024	6023.00	6099.00	6375.55	5998.00	0.564 times
30 Mon Sep 2024	6052.80	6174.95	6439.90	5966.05	0.493 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

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 neutral. A longer time frame might give a better analysis.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

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 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 SELL signal in short term but selling 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 6177.81 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.