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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 2024-12-05 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 800415

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	5643.95	5629.55	5681.85	5580.05	0.203 times
04 Wed Dec 2024	5672.70	5647.80	5716.20	5632.80	0.29 times
03 Tue Dec 2024	5637.35	5708.80	5722.70	5621.45	0.177 times
02 Mon Dec 2024	5692.75	5658.00	5751.00	5650.00	0.155 times
29 Fri Nov 2024	5642.45	5472.00	5650.00	5457.15	0.361 times
28 Thu Nov 2024	5457.15	5459.00	5492.50	5418.85	0.202 times
27 Wed Nov 2024	5449.85	5497.25	5528.95	5401.35	0.205 times
26 Tue Nov 2024	5484.40	5437.10	5538.85	5433.00	0.248 times
25 Mon Nov 2024	5478.30	5699.00	5718.50	5374.20	7.583 times
22 Fri Nov 2024	5583.35	5605.15	5622.80	5511.50	0.136 times

My analysis of stock is bullish for shortterm, and stock might move up till 5697.3 or till 5820.1. Use a stoploss of 5594.97 and if this stock hits its stoploss, then it can fall down till 5492.62

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	5164.75
Downside Target	5361.05
Downside Target	5580.05
Upside Target	5751.00
Upside Target	5763.40
Upside Target	5958.90
Upside Target	5966.05
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	5565.67
Downside Intraday Target	5487.38
Upside Intraday Target	5736.62
Upside Intraday Target	5829.28
Upside Intraday Target	5658.33

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	5643.95	5658.00	5751.00	5580.05	0.096 times
29 Fri Nov 2024	5642.45	5699.00	5718.50	5374.20	5.86 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

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
05 Thu Dec 2024	5643.95	5658.00	5751.00	5580.05	0.061 times
29 Fri Nov 2024	5642.45	5820.75	5958.90	5361.05	2.686 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

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 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 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 to mid 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 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 Weak and stock is gaining momentum.

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

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

Alkem Laboratories Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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

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 5500.93 and Alkem Laboratories (ALKEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.