Technical Analysis for ALG - Alamo Group, Inc.

Grade Last Price % Change Price Change
D 198.52 -0.56% -1.11
ALG closed down 0.56 percent on Friday, April 26, 2024, on 72 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Multiple of Ten Bearish Other -0.56%
Gapped Down Weakness -0.56%
Lower Bollinger Band Touch Weakness -0.56%
Oversold Stochastic Weakness -0.56%
Doji - Bullish? Reversal -2.78%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 5 hours ago
Possible Inside Day about 5 hours ago
60 Minute Opening Range Breakdown about 8 hours ago
60 Minute Opening Range Breakdown 1 day ago
Down 3% 1 day ago

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Profile

Alamo Group, Inc. Description

Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use primarily in the United States, England, France, Canada, and Australia. It offers industrial equipment, such as hydraulically-powered, tractor-mounted mowers, including boom-mounted mowers, other types of cutters, and replacement parts for heavy-duty, intensive use applications, including maintenance around highway, airport, recreational, and other public areas; heavy-duty, tractor, and truck-mounted mowing and vegetation maintenance equipment and replacement parts; air, mechanical broom, and regenerative air sweepers, as well as pothole patchers and replacement parts; and products for excavation, grading, shaping, and similar tasks involved in land clearing, road building, or maintenance. The company also provides catch basin cleaners and roadway debris vacuum systems; parking lot sweepers; and snow plows and heavy-duty snow removal equipment, hitches, and attachments for trucks, loaders, and graders. In addition, it offers a line of tractor-powered equipment, such as rotary cutters, finishing mowers, flail mowers, disc mowers, ZTR ride-on mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; and heavy-duty mechanical rotary mowers, snow blowers, and rock removal equipment. Further, the company provides hydraulic, boom-mounted hedge, hedgerow, and grass cutters, as well as other tractor attachments and implements; industrial grass mowers, and agricultural seedbed preparation cultivators; light-duty power arm mowers, agricultural implements; hydraulic and mechanical boom mowers; and vacuum trucks, high pressure cleaning systems, trenchers; and related replacement parts. Alamo Group Inc. was founded in 1955 and is based in Seguin, Texas.


Classification

Sector: Industrials
Industry: Farm & Construction Equipment
Keywords: Agriculture Vacuum Industrial Equipment Loader Backhoe Maintenance Equipment Mower Agricultural Machinery Cultivator Snow Removal Tractor Intensive Farming Lawn Mower Vacuum Truck

Is ALG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 231.1187
52 Week Low 157.3439
Average Volume 70,954
200-Day Moving Average 192.10
50-Day Moving Average 209.76
20-Day Moving Average 211.35
10-Day Moving Average 205.36
Average True Range 5.41
RSI (14) 36.31
ADX 16.67
+DI 18.92
-DI 28.78
Chandelier Exit (Long, 3 ATRs) 212.37
Chandelier Exit (Short, 3 ATRs) 213.06
Upper Bollinger Bands 225.81
Lower Bollinger Band 196.89
Percent B (%b) 0.06
BandWidth 13.69
MACD Line -3.12
MACD Signal Line -1.22
MACD Histogram -1.9031
Fundamentals Value
Market Cap 2.38 Billion
Num Shares 12 Million
EPS 11.18
Price-to-Earnings (P/E) Ratio 17.76
Price-to-Sales 1.58
Price-to-Book 2.95
PEG Ratio 3.89
Dividend 0.84
Dividend Yield 0.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 203.46
Resistance 3 (R3) 203.81 202.50 202.64
Resistance 2 (R2) 202.50 201.24 202.33 202.36
Resistance 1 (R1) 200.51 200.46 199.86 200.17 202.09
Pivot Point 199.21 199.21 198.88 199.03 199.21
Support 1 (S1) 197.22 197.95 196.56 196.87 194.95
Support 2 (S2) 195.91 197.17 195.74 194.68
Support 3 (S3) 193.92 195.91 194.40
Support 4 (S4) 193.58