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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 2024-10-22 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 158117

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	6110.25	6189.90	6220.75	6085.60	1.37 times
21 Mon Oct 2024	6158.35	6170.00	6250.00	6099.95	1.646 times
18 Fri Oct 2024	6132.75	6012.50	6158.00	6012.50	1.603 times
17 Thu Oct 2024	6023.00	6108.55	6195.45	5998.00	1.006 times
16 Wed Oct 2024	6094.30	6299.95	6299.95	6042.50	1.131 times
15 Tue Oct 2024	6265.50	6267.15	6318.55	6230.70	0.693 times
14 Mon Oct 2024	6251.45	6191.30	6270.00	6166.50	0.774 times
11 Fri Oct 2024	6191.30	6188.90	6233.00	6109.70	0.696 times
10 Thu Oct 2024	6137.10	6310.00	6340.55	6071.40	0.843 times
09 Wed Oct 2024	6294.10	6299.80	6375.55	6270.10	0.898 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6091.6 as stoploss in an intra day buy trade for a target of 6164.1. However, stock will show a bearish move below 6091.6.

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	6250.00
Upside Target	6264.00
Upside Target	6318.55
Upside Target	6320.00
Upside Target	6375.55
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	6047.23
Downside Intraday Target	5984.22
Upside Intraday Target	6211.63
Upside Intraday Target	6313.02
Upside Intraday Target	6148.62

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	6110.25	6170.00	6250.00	6085.60	0.579 times
18 Fri Oct 2024	6132.75	6191.30	6318.55	5998.00	1.031 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

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
22 Tue Oct 2024	6110.25	6099.00	6375.55	5998.00	0.755 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 weakening, and bulls are picking up momentum!

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 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 6154.39 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.