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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 2024-11-22 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 347776

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	5583.35	5605.15	5622.80	5511.50	0.312 times
21 Thu Nov 2024	5604.75	5571.00	5665.00	5532.05	1.48 times
19 Tue Nov 2024	5529.80	5490.00	5599.80	5463.00	0.819 times
18 Mon Nov 2024	5515.15	5550.00	5608.60	5492.50	0.767 times
14 Thu Nov 2024	5524.95	5566.05	5665.95	5491.55	0.888 times
13 Wed Nov 2024	5571.20	5500.00	5637.60	5361.05	1.786 times
12 Tue Nov 2024	5503.40	5650.00	5677.40	5444.10	0.882 times
11 Mon Nov 2024	5623.85	5712.00	5745.10	5571.05	0.767 times
08 Fri Nov 2024	5706.50	5726.85	5786.90	5677.60	0.743 times
07 Thu Nov 2024	5723.80	5920.00	5958.90	5675.15	1.322 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 5561.4 as stoploss in an intra day buy trade for a target of 5723.03. However, stock will show a bearish move below 5561.4.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	4872.00
Downside Target	5164.75
Downside Target	5361.05
Upside Target	5620.10
Upside Target	5958.90
Upside Target	5966.05
Upside Target	6084.50
Upside Target	6199.90
Upside Target	6250.00
Upside Target	6375.55
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5475.9
Downside Intraday Target	5368.45
Upside Intraday Target	5677.9
Upside Intraday Target	5772.45
Downside Intraday Target	5570.45

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	5583.35	5550.00	5665.00	5463.00	0.781 times
14 Thu Nov 2024	5524.95	5712.00	5745.10	5361.05	1.249 times
08 Fri Nov 2024	5706.50	5762.40	5958.90	5620.10	2.034 times
01 Fri Nov 2024	5805.25	5954.30	6084.50	5750.00	0.58 times
25 Fri Oct 2024	5942.55	6170.00	6250.00	5805.00	1.24 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
22 Fri Nov 2024	5583.35	5820.75	5958.90	5361.05	0.97 times
31 Thu Oct 2024	5779.25	6099.00	6375.55	5763.40	1.052 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

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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 5593.57 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.