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(AlemPharma) Alem Pharma complete technical analysis [charts+indicators] | Buy/Sell Alem Pharma | (AlemPharma) share price targets

Complete technical analysis of Alem Pharma (AlemPharma) by charts plus indicators, forecast predictions and share price targets for Alem Pharma (AlemPharma)

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Alem Pharma is 8923

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1049.70	1072.00	1072.00	1025.00	7.377 times
28 Wed Aug 2024	1067.50	1075.25	1077.65	1052.95	0.42 times
27 Tue Aug 2024	1069.05	1135.00	1135.00	1066.00	0.416 times
26 Mon Aug 2024	1089.90	1227.35	1227.35	1083.55	2.625 times
23 Fri Aug 2024	1100.55	1135.00	1135.00	1097.00	0.404 times
22 Thu Aug 2024	1117.35	1124.00	1130.95	1103.60	0.617 times
21 Wed Aug 2024	1106.60	1088.20	1127.55	1083.00	0.791 times
20 Tue Aug 2024	1083.20	1075.00	1087.25	1063.25	0.727 times
19 Mon Aug 2024	1071.80	1088.35	1088.45	1059.35	0.813 times
16 Fri Aug 2024	1088.35	1082.50	1096.80	1060.80	1.286 times

Stock of Alem Pharma (AlemPharma) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1062.9, but if it comes above 1062.9, then a intra day buy could be more profitable.
If you take a sell trade below 1062.9, then use 1062.9 as stoploss and 988.9 as target. However if you take a buy trade in stock , then use 1062.9 as stoploss and 1124.57 as target.

Share price targets for Alem Pharma (AlemPharma)

Target Type	Value
Downside Target	824.50
Downside Target	878.35
Downside Target	915.25
Downside Target	941.50
Downside Target	1025.00
Upside Target	1135.00
Upside Target	1137.30
Upside Target	1167.95
Upside Target	1227.35
Upside Target	1254.80
Upside Target	1285.60

Intraday share price targets for Alem Pharma (AlemPharma)

Target Type	Value
Downside Intraday Target	974.02
Downside Intraday Target	898.33
Upside Intraday Target	1176.37
Upside Intraday Target	1303.03
Upside Intraday Target	1100.68

Weekly technical analysis of Alem Pharma (AlemPharma)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1049.70	1227.35	1227.35	1025.00	3.233 times
23 Fri Aug 2024	1100.55	1088.35	1135.00	1059.35	0.481 times
16 Fri Aug 2024	1088.35	1128.15	1137.30	1051.25	0.449 times
09 Fri Aug 2024	1128.75	1031.05	1285.60	1031.05	1.369 times
02 Fri Aug 2024	1245.15	1231.10	1254.80	1167.95	0.454 times

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

Monthly technical analysis of Alem Pharma (AlemPharma)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1049.70	1180.00	1285.60	1025.00	0.462 times
31 Wed Jul 2024	1179.85	878.35	1254.80	878.35	6.643 times
28 Fri Jun 2024	876.40	941.50	941.50	824.50	0.988 times
31 Fri May 2024	923.00	1001.95	1050.00	919.00	1.156 times

Scroll below to view daily charts

Price has moved down 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 Alem Pharma (AlemPharma)

Price action analysis of Alem Pharma ( (AlemPharma) ) 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 Alem Pharma ( (AlemPharma) ) based on a short 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 Alem Pharma ( (AlemPharma) ) 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 Alem Pharma ( (AlemPharma) ) 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 Alem Pharma stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Alem Pharma in short term but the sell signal is initial and weak.

Alem Pharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alem Pharma 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 negative zone. This is the SELL zone

Stock of Alem Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1070.4 and Alem Pharma (AlemPharma) 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 Alem Pharma (AlemPharma) stock. Volume based technical analysis of Alem Pharma (AlemPharma) stock is negative.

Alem Pharma 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.