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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 2024-10-04 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 188359

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	6194.15	6175.00	6320.00	6083.35	1.772 times
03 Thu Oct 2024	6159.30	6140.00	6195.60	6071.00	1.78 times
01 Tue Oct 2024	6151.25	6099.00	6169.15	6046.00	0.586 times
30 Mon Sep 2024	6052.80	6184.60	6221.65	6030.60	0.697 times
27 Fri Sep 2024	6184.60	6197.15	6213.00	6130.00	0.698 times
26 Thu Sep 2024	6197.15	6209.05	6228.70	6051.20	1.286 times
25 Wed Sep 2024	6226.65	6075.00	6264.00	6024.05	1.331 times
24 Tue Sep 2024	6046.80	6039.00	6104.75	5992.10	1.145 times
23 Mon Sep 2024	5982.45	6111.00	6135.00	5966.05	0.527 times
20 Fri Sep 2024	6086.75	6155.95	6168.60	6042.50	1.291 times

My analysis of stock is bearish for shortterm, and stock might move down till 6089.6 or till 5958.9. Use a stoploss of 6198.51 and if the stock hits stoploss, then it can shoot up till 6307.44

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	4407.05
Downside Target	4872.00
Downside Target	5164.75
Downside Target	5450.00
Downside Target	5966.05
Upside Target	6199.90
Upside Target	6264.00
Upside Target	6320.00
Upside Target	6346.70
Upside Target	6411.25
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	6043.17
Downside Intraday Target	5892.18
Upside Intraday Target	6332.57
Upside Intraday Target	6470.98
Downside Intraday Target	6181.58

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	6194.15	6184.60	6320.00	6030.60	0.97 times
27 Fri Sep 2024	6184.60	6111.00	6264.00	5966.05	1.386 times
20 Fri Sep 2024	6086.75	6369.00	6411.25	6042.50	0.708 times
13 Fri Sep 2024	6366.25	6310.45	6439.90	6250.40	0.866 times
06 Fri Sep 2024	6309.95	6174.95	6346.70	6040.05	0.656 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
04 Fri Oct 2024	6194.15	6099.00	6320.00	6046.00	0.205 times
30 Mon Sep 2024	6052.80	6174.95	6439.90	5966.05	0.493 times
30 Fri Aug 2024	6170.35	5353.00	6199.90	5164.75	1.756 times
31 Wed Jul 2024	5309.50	4992.00	5450.00	4872.00	0.805 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 Alkem Laboratories (ALKEM)

Price action analysis of Alkem Laboratories ( (ALKEM) ) 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 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 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 Alkem Laboratories stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Alkem Laboratories in short term but the sell 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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Alkem Laboratories in short term and BUY 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 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 6143.38 and Alkem Laboratories (ALKEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.