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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)

10 day averaged volume of Alok Industries is 3146956

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	27.40	27.80	27.80	26.55	1.5 times
19 Fri Apr 2024	27.80	28.10	28.60	27.30	1.659 times
18 Thu Apr 2024	28.70	27.80	28.70	27.50	1.424 times
16 Tue Apr 2024	27.35	26.80	28.10	26.55	0.922 times
15 Mon Apr 2024	27.00	26.65	27.85	26.30	1.067 times
12 Fri Apr 2024	27.65	28.00	28.10	27.55	0.638 times
10 Wed Apr 2024	27.80	28.70	28.70	27.00	0.874 times
09 Tue Apr 2024	28.40	28.40	28.95	28.20	0.776 times
08 Mon Apr 2024	28.20	28.80	29.00	28.15	0.708 times
05 Fri Apr 2024	28.70	29.00	29.40	28.60	0.84 times

My analysis of stock is bearish for shortterm, and stock might move down till 26.7 or till 25.6. Use a stoploss of 27.62 and if the stock hits stoploss, then it can shoot up till 28.55

Share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Target	10.10
Downside Target	13.75
Downside Target	25.80
Upside Target	27.70
Upside Target	28.70
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	26.7
Downside Intraday Target	26
Upside Intraday Target	27.95
Upside Intraday Target	28.5
Downside Intraday Target	27.25

Weekly technical analysis of Alok Industries (ALOKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	27.40	27.80	27.80	26.55	0.296 times
19 Fri Apr 2024	27.80	26.65	28.70	26.30	1.693 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

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
22 Mon Apr 2024	27.40	26.05	29.95	26.05	0.7 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 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 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_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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 27.88 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.