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(ALOKINDS) Alok Industries complete technical analysis [charts+indicators] | Buy/Sell Alok Industries | (ALOKINDS) share price targets

Complete technical analysis of Alok Industries (ALOKINDS) by charts plus indicators, forecast predictions and share price targets for Alok Industries (ALOKINDS)

Showing technical analysis as on 2023-12-27 View latest technical analysis

10 day averaged volume of Alok Industries is 26480521

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	21.50	22.00	22.05	21.35	0.349 times
26 Tue Dec 2023	21.85	21.80	21.95	21.50	0.368 times
22 Fri Dec 2023	21.65	21.65	21.90	21.20	0.484 times
21 Thu Dec 2023	21.55	20.85	21.75	20.50	0.826 times
20 Wed Dec 2023	20.85	23.05	23.85	20.50	1.657 times
19 Tue Dec 2023	22.95	22.70	23.40	22.65	0.701 times
18 Mon Dec 2023	22.60	22.95	23.00	22.50	0.539 times
15 Fri Dec 2023	22.95	22.80	23.60	22.60	0.96 times
14 Thu Dec 2023	22.65	23.30	23.40	22.50	0.568 times
13 Wed Dec 2023	22.90	23.25	23.50	22.40	0.864 times

My analysis of stock is bearish for shortterm, and stock might move down till 20.3 or till 18.7. Use a stoploss of 21.57 and if the stock hits stoploss, then it can shoot up till 22.87

Share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Target	14.65
Downside Target	16.10
Downside Target	17.10
Downside Target	18.10
Downside Target	19.50
Downside Target	20.20
Downside Target	21.35
Upside Target	22.05
Upside Target	22.40
Upside Target	22.50
Upside Target	23.80
Upside Target	23.85
Upside Target	24.85

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Intraday Target	21.22
Downside Intraday Target	20.93
Upside Intraday Target	21.92
Upside Intraday Target	22.33
Upside Intraday Target	21.63

Weekly technical analysis of Alok Industries (ALOKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	21.50	21.80	22.05	21.35	0.17 times
22 Fri Dec 2023	21.65	22.95	23.85	20.50	0.571 times
15 Fri Dec 2023	22.95	23.90	24.85	22.40	0.763 times
08 Fri Dec 2023	23.30	20.30	23.80	19.70	5.403 times
01 Fri Dec 2023	19.70	20.20	20.60	19.50	0.352 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 Alok Industries (ALOKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	21.50	19.80	24.85	19.55	1.296 times
30 Thu Nov 2023	19.65	17.45	22.50	17.10	1.714 times
31 Tue Oct 2023	17.40	18.90	20.50	16.10	0.411 times
29 Fri Sep 2023	18.95	20.25	22.40	18.10	0.921 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 Alok Industries (ALOKINDS)

Price action analysis of Alok Industries ( (ALOKINDS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Alok Industries ( (ALOKINDS) ) 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 Alok Industries ( (ALOKINDS) ) 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 Alok Industries ( (ALOKINDS) ) based on a mid to longer 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.

ADX buy sell signal for Alok Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Alok Industries in short term but the sell signal is initial and weak.

Alok Industries 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alok Industries 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 positive zone. This is a BUY zone

Stock of Alok Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.05 and Alok Industries (ALOKINDS) 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 Alok Industries (ALOKINDS) stock. Volume based technical analysis of Alok Industries (ALOKINDS) stock is negative.

Alok Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.