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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 2024-11-27 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 894609

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	5449.85	5497.25	5528.95	5401.35	0.183 times
26 Tue Nov 2024	5484.40	5437.10	5538.85	5433.00	0.222 times
25 Mon Nov 2024	5478.30	5699.00	5718.50	5374.20	6.784 times
22 Fri Nov 2024	5583.35	5605.15	5622.80	5511.50	0.121 times
21 Thu Nov 2024	5604.75	5571.00	5665.00	5532.05	0.575 times
19 Tue Nov 2024	5529.80	5490.00	5599.80	5463.00	0.318 times
18 Mon Nov 2024	5515.15	5550.00	5608.60	5492.50	0.298 times
14 Thu Nov 2024	5524.95	5566.05	5665.95	5491.55	0.345 times
13 Wed Nov 2024	5571.20	5500.00	5637.60	5361.05	0.694 times
12 Tue Nov 2024	5503.40	5650.00	5677.40	5444.10	0.343 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5506.5, but if it comes above 5506.5, then a intra day buy could be more profitable.
If you take a sell trade below 5506.5, then use 5506.5 as stoploss and 5338.5 as target. However if you take a buy trade in stock , then use 5506.5 as stoploss and 5646.51 as target.

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	5763.40
Upside Target	5958.90
Upside Target	5966.05
Upside Target	6084.50
Upside Target	6199.90
Upside Target	6375.55
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5309.87
Downside Intraday Target	5169.88
Upside Intraday Target	5654.17
Upside Intraday Target	5858.48
Upside Intraday Target	5514.18

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	5449.85	5699.00	5718.50	5374.20	5.476 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Alkem Laboratories (ALKEM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	5449.85	5820.75	5958.90	5361.05	2.574 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, and volume has increased substantially. This means that the move can 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 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 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.

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 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 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 5498.35 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.