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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 2024-10-28 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 184441

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	6039.55	5954.30	6084.50	5916.00	0.679 times
25 Fri Oct 2024	5942.55	5958.00	6008.25	5891.90	0.505 times
24 Thu Oct 2024	5960.95	5900.00	5984.95	5864.05	1.109 times
23 Wed Oct 2024	5854.55	6111.00	6185.55	5805.00	1.336 times
22 Tue Oct 2024	6110.25	6189.90	6220.75	6085.60	1.174 times
21 Mon Oct 2024	6158.35	6170.00	6250.00	6099.95	1.411 times
18 Fri Oct 2024	6132.75	6012.50	6158.00	6012.50	1.374 times
17 Thu Oct 2024	6023.00	6108.55	6195.45	5998.00	0.862 times
16 Wed Oct 2024	6094.30	6299.95	6299.95	6042.50	0.97 times
15 Tue Oct 2024	6265.50	6267.15	6318.55	6230.70	0.594 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 6009.2 as stoploss in an intra day buy trade for a target of 6121.22. However, stock will show a bearish move below 6009.2.

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	5805.00
Upside Target	6199.90
Upside Target	6250.00
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	5942.2
Downside Intraday Target	5844.85
Upside Intraday Target	6110.7
Upside Intraday Target	6181.85
Downside Intraday Target	6013.35

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	6039.55	5954.30	6084.50	5916.00	0.123 times
25 Fri Oct 2024	5942.55	6170.00	6250.00	5805.00	1.24 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

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
28 Mon Oct 2024	6039.55	6099.00	6375.55	5805.00	0.931 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 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 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 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 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 losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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

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 6056.36 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.