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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 2024-12-24 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 113500

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	5406.30	5481.90	5488.15	5383.55	0.252 times
23 Mon Dec 2024	5481.90	5431.30	5495.50	5378.55	0.748 times
20 Fri Dec 2024	5427.50	5535.00	5543.25	5404.80	0.997 times
19 Thu Dec 2024	5494.25	5477.00	5525.05	5401.00	0.628 times
18 Wed Dec 2024	5493.25	5414.00	5537.70	5395.00	2.132 times
17 Tue Dec 2024	5391.65	5434.00	5452.25	5361.50	1.092 times
16 Mon Dec 2024	5442.80	5353.35	5453.90	5351.65	0.728 times
13 Fri Dec 2024	5372.55	5435.25	5447.00	5341.55	0.621 times
12 Thu Dec 2024	5435.25	5529.45	5535.00	5405.50	1.154 times
11 Wed Dec 2024	5489.95	5474.00	5516.80	5425.05	0.7 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5408.5, but if it comes above 5408.5, then a intra day buy could be more profitable.
If you take a sell trade below 5408.5, then use 5408.5 as stoploss and 5293.7 as target. However if you take a buy trade in stock , then use 5408.5 as stoploss and 5504.05 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	5164.75
Downside Target	5341.55
Upside Target	5493.05
Upside Target	5700.00
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	5358.07
Downside Intraday Target	5309.83
Upside Intraday Target	5475.02
Upside Intraday Target	5543.73
Upside Intraday Target	5426.78

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	5406.30	5431.30	5495.50	5378.55	0.179 times
20 Fri Dec 2024	5427.50	5353.35	5543.25	5351.65	1.193 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

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
24 Tue Dec 2024	5406.30	5658.00	5751.00	5341.55	0.199 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 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 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 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 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.

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 and selling is picking up 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 5450.47 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.