Overall Technical outlook

Price Summary

Alkem Laboratories Limited's stock opened at 4911.0 on 2025-06-12, surged to a high of 4956.5, hit a low of 4812.0, and closed up -1.31% at 4846.5, with 244283 shares traded.
The stock's highest value over the last 52 weeks is 6366.25, and the lowest value is 4563.7.
21 analysts suggest that ALKEM's future price will lie between 4030.0 and 6835.0, with an average expected price of roughly 5187.8096.

Technicals

Support and Resistance: The current price of 4846.5 for ALKEM is supported at 4646.2 and faces resistance at 4916.05. These levels indicate that 4646.2 could act as a floor, while 4916.05 might limit any further price increases.
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Support/Resistance for ALKEM


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Alkem Laboratories Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Alkem Laboratories Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Bolinger Bands chart for Alkem Laboratories Limited


Parabolic SAR: The PSAR remains bearish for Alkem Laboratories Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
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Parabolic Stop and Reverse chart for Alkem Laboratories Limited


Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, it signals a mildly bearish trend. This positioning hints at potential weakness in the market, though the bearish sentiment is mild. Investors should monitor this trend closely for any further signs of a downturn.
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Stochastic chart for Alkem Laboratories Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages confirms a strong bearish trend, with their downward slopes reinforcing the strength of this momentum. The consistent decline in these averages suggests sustained bearish momentum, indicating that the market is likely to continue its downward trajectory. This alignment and the slopes signal a strong overall bearish trend, with little indication of an upcoming reversal.
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Tripple SMA chart for Alkem Laboratories Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.