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ALAMO GROUP INC (ALG) Stock Technical Analysis

NYSE:ALG - New York Stock Exchange, Inc. - US0113111076 - Common Stock

185.13  +2.78 (+1.52%)

After market: 185.13 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ALG scores 1 out of 10 in our technical rating. ALG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, ALG is a bad performer in the overall market: 70% of all stocks are doing better.
ALG is part of the Machinery industry. There are 131 other stocks in this industry, of which 61% are performing better than ALG.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
In the last month ALG has a been trading in the 171.36 - 200.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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

162.86

204.65

2 important support areas can be observed.

  • A support zone ranging from 169.28 to 173.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @164.50 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 190.64 to 193.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.
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
CRS30.54
Mansfield-1.18
10 Day High186.68
10 Day Low171.36
20 Day High200.69
20 Day Low171.36
52 Week High231.4
52 Week Low163.74
Performance
1 Week4.95%
2 Weeks1.7%
1 Month-6.16%
3 Month7.77%
6 Month-5.04%
12 Month-13.08%
2 Year18.32%
3 Year31.44%
5 Year48.63%
10 Year310.94%
15 Year931.37%
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)0.68
RSI(14)51.44
LBB172.39
UBB187.7
ALG Daily chart

ALAMO GROUP INC

NYSE:ALG (1/21/2025, 8:04:00 PM)

After market: 185.13 0 (0%)

185.13

+2.78 (+1.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.52%
1 Week4.95%
2 Weeks1.7%
1 Month-6.16%
3 Month7.77%
6 Month-5.04%
12 Month-13.08%
2 Year18.32%
3 Year31.44%
5 Year48.63%
10 Year310.94%
15 Year931.37%
Volatility
ATR(14)4.11
ATR(20)%2.37%
ATR Inc-14.26%
Range Today2.5
ADR(20)4.09
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.54
Mansfield-1.18
10 Day High186.68
10 Day Low171.36
20 Day High200.69
20 Day Low171.36
52 Week High231.4
52 Week Low163.74
CS1 End173.29
CR1 Start190.64
Volume & EV
DER(3)-0.22%
DER(5)-1%
Volume65.40K
Volume Incr-0.68%
Vol(5)122.54K
Vol(50)100.61K