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Is ALG likely to continue lower? Slingshot Bearish shows up after sliding 1.73%

SwingTradeBot Nightly Stock Scan: Alamo Group, Inc. (ALG) — Technical Patterns & Alerts · Sep 17, 2025, 17:52 ET
ALG closed down 1.73% on Wednesday, September 17th, with volume running 0.7× below average. The session formed a Slingshot Bearish, often signaling a possible continuation. Key support levels exist at 199.46, 197.17 & 193.05, with resistance at 205.87, 209.99 & 212.28. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of ALG: D

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Alamo Group, Inc. (ALG)