Overall Technical outlook

Price Summary

On 2025-05-30, Alkem Laboratories Limited's shares started at 5110.0, peaked at 5268.0, bottomed out at 5043.5, and ended -0.23% down at 5098.5, with 724797 shares traded.
The stock's highest value over the last 52 weeks is 6366.25, and the lowest value is 4563.7.
The anticipated price is forecasted to be between 4186.0 and 6642.0, with an average price expectation of 5365.7144, based on input from 21 analysts.

Technicals

Support and Resistance: The current price for ALKEM is 5098.5, supported at 5048.45 with resistance at 5201.2. This indicates a trading range where 5048.45 might prevent further declines, while 5201.2 could hinder additional gains.
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Support/Resistance for ALKEM


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Aroon chart for Alkem Laboratories Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ALKEM, with no strong trend emerging.
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Bolinger Bands chart for Alkem Laboratories Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Alkem Laboratories Limited


Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Stochastic chart for Alkem Laboratories Limited


Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned bearishly, indicating a downward trend. However, the slower SMAs are starting to lose momentum, hinting at a potential change. This weakening of the bearish trend may suggest that the market is nearing a pivot towards a bullish direction, possibly signaling an upcoming reversal in the current market trend.
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Tripple SMA chart for Alkem Laboratories Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.