Overall Technical outlook

Price Summary

In today's trading session, ALKEM's shares slid by -3.9%, marking a unimpressive day.
On 2025-04-25, Alkem Laboratories Limited's stock began at 5238.0, climbed to 5238.0, dropped to 4990.0, and had -3.9% to end at 5033.5, with a volume of 78195 shares.
In the last 52 weeks, the stock's top price was 6366.25 and the bottom price was 4563.7.
Based on recommendations from 21 analysts, the future price of ALKEM is expected to range from 4186.0 to 6642.0, with an average price expectation around 5365.7144.

Technicals

Support and Resistance: The current price of 5033.5 for ALKEM finds support at 4916.05 and resistance at 5151.35. These levels define a range in which the price might oscillate, with 4916.05 as a potential support and 5151.35 as a resistance level.
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Support/Resistance for ALKEM


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Aroon chart for Alkem Laboratories Limited


Bol. Bands: The price moving below the upper Bollinger Band could be a precursor to a decline. This signal might suggest that the asset is overbought and that a correction is on the horizon. Traders often use this indicator to anticipate potential reversals, as it signals a weakening of bullish momentum, making it a critical point for decision-making in trading strategies.
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Bolinger Bands chart for Alkem Laboratories Limited


Parabolic SAR: The PSAR for ALKEM continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for Alkem Laboratories Limited


Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness.
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Stochastic chart for Alkem Laboratories Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Tripple SMA chart for Alkem Laboratories Limited


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.