ALKEM NEWS why is Alkem Laboratories Ltd. price falling or rising

ALKEM NEWS reasons for why stock price of Alkem Laboratories Ltd. is falling or rising

ALKEM Alkem Laboratories is falling or rising technical reasons

Technical analysis forecast for Alkem Laboratories Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Alkem Laboratories ALKEM at this time. Stock is falling and might fall more.

It appears as if Alkem Laboratories ALKEM gave a large move recently.

Stock of Alkem Laboratories (ALKEM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Alkem Laboratories is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Alkem Laboratories stays below 5561.4, but if it comes above 5561.4, then a intra day buy could be more profitable.
If you take a sell trade below 5561.4, then use 5561.4 as stoploss and 5349.1 as target. However if you take a buy trade in Alkem Laboratories, then use 5561.4 as stoploss and 5738.31 as target.

ALKEM Alkem Laboratories is falling or rising NEWS fundamental reasons

Company Announcement Alkem Laboratories Limited has informed the Exchange about Transcript - NEWS as on 2024-11-19

Company Announcement Alkem Laboratories Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-11-13

Market Trading Guide: Tata Power, Alkem Labs among 5 stock recommendations for Thursday FII selling, weak corporate earnings, and rising domestic inflation led to a 1000-point drop in the Sensex on Wednesday. Concerns over US policy actions and trade impacts on the global economy are contributing to market jitters and a stronger US dollar. - NEWS as on 2024-11-13 indiatimes.com

Company Announcement Alkem Laboratories Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-08

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-11-05

Company Announcement - NEWS as on 2024-11-05

Company Announcement Alkem Laboratories Limited has informed the Exchange regarding Appointment of - NEWS as on 2024-10-09

Company Announcement Alkem Laboratories Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2024-10-04

Company Announcement Alkem Laboratories Limited has informed the Exchange regarding a press release dated September 27, 2024, titled "ALKEM denies claims of Pan-D, Clavam 625 batches being not-of-standard quality.". - NEWS as on 2024-09-27

More announcements and NEWS

ALKEM Alkem Laboratories Ltd. current price & indicator signals

Moving Averages for Alkem Laboratories Ltd.

  • 5Day Average: 5528.9
  • 12Day Average: 5652.2
  • 20Day Average: 5761.87
  • 50Day Average: 6017.13
  • 100Day Average: 5785.27
  • 150Day Average: 5544.35
  • 200Day Average: 5420.61

ALKEM Indicators & signals

Indicator MACD (12,26,9)

5645.97, 5788.15, -120.06
Indicator MACD is in negative zone

Indicator ADX (14)

47.14, 8.41, 23.4
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ALKEM Alkem Laboratories Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 5529.80 5463.00 to 5599.80 0.27% 0.96 times
18 Mon Nov 2024 5515.15 5492.50 to 5608.60 -0.18% 0.9 times
14 Thu Nov 2024 5524.95 5491.55 to 5665.95 -0.83% 1.04 times
13 Wed Nov 2024 5571.20 5361.05 to 5637.60 1.23% 2.09 times
12 Tue Nov 2024 5503.40 5444.10 to 5677.40 -2.14% 1.03 times
11 Mon Nov 2024 5623.85 5571.05 to 5745.10 -1.45% 0.9 times
08 Fri Nov 2024 5706.50 5677.60 to 5786.90 -0.3% 0.87 times
07 Thu Nov 2024 5723.80 5675.15 to 5958.90 -2.22% 1.55 times
06 Wed Nov 2024 5853.80 5661.00 to 5865.00 3.24% 0.64 times
05 Tue Nov 2024 5670.35 5620.10 to 5867.20 -2.21% 0.65 times
04 Mon Nov 2024 5798.30 5720.00 to 5808.20 -0.12% 0.35 times
01 Fri Nov 2024 5805.25 5750.00 to 5837.55 0.45% 0.02 times

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