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

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

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

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Alok Industries is 4494170

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	27.05	27.00	27.30	26.85	0.509 times
20 Wed Mar 2024	26.60	27.40	27.60	25.80	0.705 times
19 Tue Mar 2024	27.15	27.70	28.00	27.00	0.643 times
18 Mon Mar 2024	27.70	27.40	28.75	27.40	0.532 times
15 Fri Mar 2024	27.40	28.05	28.10	26.90	0.719 times
14 Thu Mar 2024	28.15	26.05	28.35	25.80	1.326 times
13 Wed Mar 2024	27.15	28.50	28.55	27.15	0.726 times
12 Tue Mar 2024	28.55	30.00	30.50	28.40	0.834 times
11 Mon Mar 2024	29.90	32.00	32.00	29.65	1.764 times
07 Thu Mar 2024	30.50	30.50	30.50	29.90	1.972 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.3, but if it comes above 27.3, then a intra day buy could be more profitable.
If you take a sell trade below 27.3, then use 27.3 as stoploss and 26.1 as target. However if you take a buy trade in stock , then use 27.3 as stoploss and 28.37 as target.

Share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Target	10.10
Downside Target	12.50
Downside Target	13.75
Downside Target	15.95
Downside Target	25.80
Upside Target	27.15
Upside Target	28.75
Upside Target	30.00
Upside Target	30.50
Upside Target	30.85
Upside Target	32.00
Upside Target	32.60
Upside Target	32.70

Intraday share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Intraday Target	25.65
Downside Intraday Target	24.25
Upside Intraday Target	28.6
Upside Intraday Target	30.15
Upside Intraday Target	27.2

Weekly technical analysis of Alok Industries (ALOKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	27.05	27.40	28.75	25.80	0.445 times
15 Fri Mar 2024	27.40	32.00	32.00	25.80	1.431 times
07 Thu Mar 2024	30.50	29.00	30.50	27.60	0.958 times
02 Sat Mar 2024	28.70	30.05	30.50	27.40	0.953 times
23 Fri Feb 2024	29.65	29.10	30.00	28.00	0.911 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	27.05	29.40	32.00	25.80	0.585 times
29 Thu Feb 2024	28.85	32.50	32.60	27.15	11.156 times
31 Wed Jan 2024	32.50	32.00	32.70	30.85	0.196 times
28 Tue Feb 2023	12.50	13.55	13.75	10.10	1.086 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 Alok Industries (ALOKINDS_BE)

Price action analysis of Alok Industries ( (ALOKINDS_BE) ) 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 Alok Industries ( (ALOKINDS_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alok Industries ( (ALOKINDS_BE) ) 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 Alok Industries ( (ALOKINDS_BE) ) 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 Alok Industries stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Alok Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Alok Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.59 and Alok Industries (ALOKINDS_BE) 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_BE) stock. Volume based technical analysis of Alok Industries (ALOKINDS_BE) stock is negative.

Alok Industries 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.