Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-16 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 139392

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	5442.80	5353.35	5453.90	5351.65	0.593 times
13 Fri Dec 2024	5372.55	5435.25	5447.00	5341.55	0.506 times
12 Thu Dec 2024	5435.25	5529.45	5535.00	5405.50	0.94 times
11 Wed Dec 2024	5489.95	5474.00	5516.80	5425.05	0.57 times
10 Tue Dec 2024	5459.45	5495.10	5508.75	5433.00	0.977 times
09 Mon Dec 2024	5484.60	5532.95	5700.00	5461.10	0.815 times
06 Fri Dec 2024	5505.40	5631.00	5649.85	5493.05	1.453 times
05 Thu Dec 2024	5643.95	5629.55	5681.85	5580.05	1.168 times
04 Wed Dec 2024	5672.70	5647.80	5716.20	5632.80	1.665 times
03 Tue Dec 2024	5637.35	5708.80	5722.70	5621.45	1.018 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 5439.7 as stoploss in an intra day buy trade for a target of 5529.1. However, stock will show a bearish move below 5439.7.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	5164.75
Downside Target	5341.55
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	5378.33
Downside Intraday Target	5313.87
Upside Intraday Target	5480.58
Upside Intraday Target	5518.37
Downside Intraday Target	5416.12

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	5442.80	5353.35	5453.90	5351.65	0.156 times
13 Fri Dec 2024	5372.55	5532.95	5700.00	5341.55	0.615 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

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
16 Mon Dec 2024	5442.80	5658.00	5751.00	5341.55	0.137 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 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 losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 5539.81 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.