ALAMO GROUP INC (ALG) Stock Technical Analysis
NYSE:ALG - New York Stock Exchange, Inc. - US0113111076 - Common Stock - Currency: USD
Taking everything into account, ALG scores 3 out of 10 in our technical rating. In the last year, ALG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ALG is a bad performer in the overall market: 73% of all stocks are doing better.
In the last month ALG has a been trading in the 178.58 - 192.17 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ALG is an average performer in the Machinery industry, it outperforms 44% of 128 stocks in the same industry.
ALG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALG is lagging the market.
Although the technical rating is bad, ALG does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 187.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
162.85
204.65
We found 3 important support areas.
- A support zone ranging from 183.27 to 187.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 169.28 to 173.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 164.49 to 165.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @190.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 199.96 to 202.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.99
Mansfield-0.71
10 Day High190.7
10 Day Low181.59
20 Day High192.17
20 Day Low178.58
52 Week High228.88
52 Week Low163.74
Performance
1 Week1.99%
2 Weeks3.06%
1 Month2.53%
3 Month-4.64%
6 Month2.48%
12 Month-7.2%
2 Year3.57%
3 Year35.79%
5 Year70.53%
10 Year276.67%
15 Year960.64%
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)0.56
RSI(14)57.32
LBB180.12
UBB190.44
188.9
+0.6 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.32%
1 Week1.99%
2 Weeks3.06%
1 Month2.53%
3 Month-4.64%
6 Month2.48%
12 Month-7.2%
2 Year3.57%
3 Year35.79%
5 Year70.53%
10 Year276.67%
15 Year960.64%
Volatility
ATR(14)3.83
ATR(20)%2.08%
ATR Inc4.43%
Range Today4.95
ADR(20)3.77
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.99
Mansfield-0.71
10 Day High190.7
10 Day Low181.59
20 Day High192.17
20 Day Low178.58
52 Week High228.88
52 Week Low163.74
CS1 End187.16
CR1 Start190.22
Volume & EV
DER(3)0.71%
DER(5)0.17%
Volume151.90K
Volume Incr12.4%
Vol(5)100.22K
Vol(50)103.28K