A Deep Analysis of Alamo Group, Inc. ($ALG) (2019-08-22)

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REPORTING FOR 2019-08-22 | TODAYISRAEL.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how ALG has been trading over the last 2 weeks and the past day especially. On its latest session, Alamo Group, Inc. ($ALG) opened at 115.56, reaching a high of 116.5 and a low of 113.6068 before closing at a price of 116.34. There was a total volume of 75727.

VOLUME INDICATORS: We saw an accumulation-distribution index of 1183.91695, an on-balance volume of -114.39, chaikin money flow of 5.15574 and a force index of -0.98015. There was an ease of movement rating of -0.004, a volume-price trend of 16.77835 and a negative volume index of 1000.0. What do these volume indicators mean for ALG? Click here for an explanation.

VOLATILITY: We noted an average true range of 1.3765, bolinger bands of 113.65873, an upper bollinger band of 113.49807, lower bollinger band of 113.6068, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 115.22227, high band keltner channel of 114.28227, low band keltner channel of 116.16227, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 113.6068, a donchian channel low band of 113.6068, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for ALG? Click here for an explanation.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00127, a MACD signal of -0.00071, a MACD difference of -0.00057, a fast Exponential Moving Average (EMA) indicator of 113.6068, a slow Exponential Moving Average (EMA) indicator of 113.6068, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.19769, a trix of 11.88583, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -14.29868, a KST Oscillator (KST) of 143.98298 and a KST Oscillator (KST Signal) of 143.98298 (leaving a KST difference of -0.14299). We also found an Ichimoku rating of 116.03, an Ichimoku B rating of 116.03, a Ichimoku visual trend A of 102.39585, an Ichimoku visual trend B of 104.68841, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for ALG? Click here for an explanation.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 87.9817, a stochastic oscillator of 307.78723, a stochastic oscillator signal of 307.78723, a Williams %R rating of 207.78723 and an awesome oscillator of -0.8583. What do these momentum indicators mean for ALG? Click here for an explanation.

RETURNS: There was a daily return of 14.3983, a daily log return of -0.05001 and a cumulative return of -0.05.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Alamo Group, Inc. ($ALG)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Alamo Group, Inc., we strongly advise Alamo Group, Inc. investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Alamo Group, Inc. – without this you are trading blind:

We will of course continue to cover the news and price action of Alamo Group, Inc., but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

Final recommendations for ALG investors: Before you go, we’ve identified a number of fantastic services (beyond what we’ve already listed) that we believe to be of particular value to people interested in ALG. These are Dividend Stocks (an excellent resource to find stocks that may pay far better than ALG), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading). These recommendations are valid for ALG investors as of 2019-08-22.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Alamo Group, Inc. ($ALG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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