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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 2024-04-16 View latest technical analysis

10 day averaged volume of Alok Industries is 3341917

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	27.35	26.80	28.10	26.55	0.868 times
15 Mon Apr 2024	27.00	26.65	27.85	26.30	1.004 times
12 Fri Apr 2024	27.65	28.00	28.10	27.55	0.601 times
10 Wed Apr 2024	27.80	28.70	28.70	27.00	0.823 times
09 Tue Apr 2024	28.40	28.40	28.95	28.20	0.731 times
08 Mon Apr 2024	28.20	28.80	29.00	28.15	0.666 times
05 Fri Apr 2024	28.70	29.00	29.40	28.60	0.791 times
04 Thu Apr 2024	29.00	29.60	29.95	28.60	1.029 times
03 Wed Apr 2024	29.30	28.50	29.50	28.00	1.64 times
02 Tue Apr 2024	28.45	28.00	28.45	27.50	1.706 times

My analysis of stock is bearish for shortterm, and stock might move down till 26.6 or till 25.6. Use a stoploss of 27.54 and if the stock hits stoploss, then it can shoot up till 28.44

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	26.4
Downside Intraday Target	25.45
Upside Intraday Target	28.2
Upside Intraday Target	29.05
Downside Intraday Target	27.25

Weekly technical analysis of Alok Industries (ALOKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	27.35	26.65	28.10	26.30	0.664 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
16 Tue Apr 2024	27.35	26.05	29.95	26.05	0.501 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 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 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 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 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 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 28.3 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.