ALAMO GROUP INC (ALG)

US0113111076 - Common Stock

198.52  -1.11 (-0.56%)

After market: 198.52 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ALG scores 1 out of 10 in our technical rating. ALG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month ALG has a been trading in the 196.83 - 227.22 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, ALG turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
ALG is part of the Machinery industry. There are 132 other stocks in this industry, ALG did better than 51% of them.
ALG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALG is lagging the market slightly.
Weekly and Daily overview Charts
ALG Weekly chart
ALG Daily chart
Setup Rating and Analysis

3

The technical rating of ALG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

169.40

227.46

3 important support areas can be observed.

  • A support zone ranging from 198.47 to 198.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @176.31 from a trend line in the weekly time frame.
  • Support @171.11 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 205.36 to 211.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 222.79 to 225.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.43
Mansfield-0.55
10 Day High220.61
10 Day Low196.83
20 Day High227.22
20 Day Low196.83
52 Week High231.4
52 Week Low157.74
Performance
1 Week-1.89%
2 Weeks-7.19%
1 Month-13.06%
3 Month-6.8%
6 Month24.91%
12 Month12.33%
2 Year57.01%
3 Year26.24%
5 Year91.55%
10 Year273.72%
15 Year1663.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.92
RSI(14)36.25
LBB194.36
UBB223.54
ALG Daily chart

ALAMO GROUP INC

NYSE:ALG (4/26/2024, 7:04:00 PM)

After market: 198.52 0 (0%)

198.52

-1.11 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.56%
1 Week-1.89%
2 Weeks-7.19%
1 Month-13.06%
3 Month-6.8%
6 Month24.91%
12 Month12.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.68
ATR(20)%3.01%
ATR Inc
Range Today3.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High220.61
10 Day Low196.83
20 Day High227.22
20 Day Low196.83
52 Week High231.4
52 Week Low157.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume51.10K
Volume Incr4.51%
Vol(5)71.42K
Vol(50)70.93K