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

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

10 day averaged volume of Alok Industries is 4071982

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 26.75 26.65 27.35 26.60 1.376 times
21 Tue May 2024 26.65 26.70 27.45 26.35 1.28 times
20 Mon May 2024 26.65 26.75 27.05 26.35 0.343 times
17 Fri May 2024 26.75 27.00 27.15 26.70 0.626 times
16 Thu May 2024 26.90 26.85 27.30 26.50 1.142 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.3 or till 28.1. Use a stoploss of 26.72 and if this stock hits its stoploss, then it can fall down till 26.11

Share price targets for Alok Industries (ALOKINDS)

Target Type Value
Downside Target 17.10
Downside Target 19.55
Downside Target 21.00
Downside Target 22.50
Downside Target 24.85
Downside Target 25.60
Downside Target 26.35
Upside Target 27.45
Upside Target 27.65
Upside Target 28.40
Upside Target 28.50
Upside Target 39.05

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type Value
Downside Intraday Target 26.25
Downside Intraday Target 25.75
Upside Intraday Target 27.35
Upside Intraday Target 27.95
Upside Intraday Target 26.85

Weekly technical analysis of Alok Industries (ALOKINDS)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 26.75 26.75 27.45 26.35 0.556 times
17 Fri May 2024 26.75 26.10 27.40 25.05 1.255 times
10 Fri May 2024 26.00 27.15 27.20 25.60 0.882 times
03 Fri May 2024 27.00 27.75 28.40 26.75 1.012 times
26 Fri Apr 2024 27.55 27.80 28.50 27.10 0.721 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)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 26.75 27.40 27.65 25.05 1.98 times
30 Tue Apr 2024 27.30 27.80 28.50 27.10 0.022 times
30 Tue Jan 2024 31.60 21.40 39.05 21.00 2.32 times
29 Fri Dec 2023 21.35 19.80 24.85 19.55 1.342 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alok Industries (ALOKINDS)

Indicator Name Indicator Value Indicator Signal
ADX 20, 22, 5 Sell
MACD -1, -1Buy
Stochastics 69None
CCI 66Buy
RSI 57Buy
OBV -5671316Sell
VWAP 26Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Alok Industries ( (ALOKINDS) ) based on a short term time period is

Price action analysis of Alok Industries ( (ALOKINDS) ) based on a short 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) ) 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) ) 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 Alok Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Alok Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Alok Industries 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 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 26.41 and Alok Industries (ALOKINDS) 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 Alok Industries (ALOKINDS) stock. Volume based technical analysis of Alok Industries (ALOKINDS) 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.

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