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(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 2024-04-15 View latest technical analysis

10 day averaged volume of Alok Industries is 3556923

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	27.00	26.65	27.85	26.30	0.944 times
12 Fri Apr 2024	27.65	28.00	28.10	27.55	0.565 times
10 Wed Apr 2024	27.80	28.70	28.70	27.00	0.773 times
09 Tue Apr 2024	28.40	28.40	28.95	28.20	0.686 times
08 Mon Apr 2024	28.20	28.80	29.00	28.15	0.626 times
05 Fri Apr 2024	28.70	29.00	29.40	28.60	0.743 times
04 Thu Apr 2024	29.00	29.60	29.95	28.60	0.967 times
03 Wed Apr 2024	29.30	28.50	29.50	28.00	1.541 times
02 Tue Apr 2024	28.45	28.00	28.45	27.50	1.603 times
01 Mon Apr 2024	27.10	26.05	27.10	26.05	0.948 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 26.7 as stoploss in an intra day buy trade for a target of 27.58. However, stock will show a bearish move below 26.7.

Share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Target	10.10
Downside Target	13.75
Downside Target	25.80
Downside Target	27.00
Upside Target	27.70
Upside Target	28.75
Upside Target	29.00
Upside Target	29.95
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	26.25
Downside Intraday Target	25.5
Upside Intraday Target	27.8
Upside Intraday Target	28.6
Upside Intraday Target	27.05

Weekly technical analysis of Alok Industries (ALOKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	27.00	26.65	27.85	26.30	0.356 times
12 Fri Apr 2024	27.65	28.80	29.00	27.00	0.457 times
05 Fri Apr 2024	28.70	26.05	29.95	26.05	1.374 times
28 Thu Mar 2024	25.85	27.50	27.70	25.80	1.142 times
22 Fri Mar 2024	27.35	27.40	28.75	25.80	0.545 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
15 Mon Apr 2024	27.00	26.05	29.95	26.05	0.461 times
28 Thu Mar 2024	25.85	29.40	32.00	25.80	0.771 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

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_BE)

Price action analysis of Alok Industries ( (ALOKINDS_BE) ) 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_BE) ) based on a short to mid 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 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 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 Alok Industries in short term and SELL signal is strong!

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 28.26 and Alok Industries (ALOKINDS_BE) 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 Alok Industries (ALOKINDS_BE) stock. Volume based technical analysis of Alok Industries (ALOKINDS_BE) stock is negative.

Alok Industries 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.