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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 2024-12-09 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 774636

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	5484.60	5532.95	5700.00	5461.10	0.147 times
06 Fri Dec 2024	5505.40	5631.00	5649.85	5493.05	0.262 times
05 Thu Dec 2024	5643.95	5629.55	5681.85	5580.05	0.21 times
04 Wed Dec 2024	5672.70	5647.80	5716.20	5632.80	0.3 times
03 Tue Dec 2024	5637.35	5708.80	5722.70	5621.45	0.183 times
02 Mon Dec 2024	5692.75	5658.00	5751.00	5650.00	0.16 times
29 Fri Nov 2024	5642.45	5472.00	5650.00	5457.15	0.373 times
28 Thu Nov 2024	5457.15	5459.00	5492.50	5418.85	0.209 times
27 Wed Nov 2024	5449.85	5497.25	5528.95	5401.35	0.212 times
26 Tue Nov 2024	5484.40	5437.10	5538.85	5433.00	0.257 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5485.3, but if it comes above 5485.3, then a intra day buy could be more profitable.
If you take a sell trade below 5485.3, then use 5485.3 as stoploss and 5389 as target. However if you take a buy trade in stock , then use 5485.3 as stoploss and 5565.59 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	5164.75
Downside Target	5361.05
Upside Target	5665.00
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	5397.13
Downside Intraday Target	5309.67
Upside Intraday Target	5636.03
Upside Intraday Target	5787.47
Upside Intraday Target	5548.57

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	5484.60	5532.95	5700.00	5461.10	0.132 times
06 Fri Dec 2024	5505.40	5658.00	5751.00	5493.05	0.125 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

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
09 Mon Dec 2024	5484.60	5658.00	5751.00	5461.10	0.091 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 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 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 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 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 losing momentum.

MACD generated a BUY signal for Alkem Laboratories in short term but the buy 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 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

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 5572.12 and Alkem Laboratories (ALKEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.