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Allegro MicroSystems (ALGM)
NASDAQ:ALGM
US Market

Allegro MicroSystems (ALGM) Technical Analysis

935 Followers

Technical Sentiment

Overall Consensus
Buy
12Bullish
3Neutral
7Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Allegro MicroSystems’s (ALGM) Moving Averages Convergence Divergence (MACD) indicator is 0.34, suggesting Allegro MicroSystems is a Sell.
Allegro MicroSystems’s (ALGM) 20-Day exponential moving average is 28.75, while Allegro MicroSystems’s (ALGM) share price is $29.65, making it a Buy.
Allegro MicroSystems’s (ALGM) 50-Day exponential moving average is 28.51, while Allegro MicroSystems’s (ALGM) share price is $29.65, making it a Buy.

Allegro MicroSystems (ALGM) Pivot Points

May 19, 2024, 11:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
28.61
29.13
29.44
29.96
30.27
30.79
31.10
Fibonacci
29.13
29.45
29.64
29.96
30.28
30.47
30.79
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Allegro MicroSystems (ALGM) Moving Averages

May 19, 2024, 11:25 AM
Period
Simple
Exponential
MA5
29.02Buy
29.26Buy
MA10
28.93Buy
29.03Buy
MA20
28.92Buy
28.75Buy
MA50
28.01Buy
28.51Buy
MA100
28.65Buy
29.05Buy
MA200
30.20Sell
31.75Sell
Allegro MicroSystems’s (ALGM) 10-Day exponential moving average is 29.03, while Allegro MicroSystems’s (ALGM) share price is $29.65, making it a Buy.
Allegro MicroSystems’s (ALGM) 100-Day exponential moving average is 29.05, while Allegro MicroSystems’s (ALGM) share price is $29.65, making it a Buy.
Allegro MicroSystems’s (ALGM) stock price is $29.65 and Allegro MicroSystems’s (ALGM) 50-day simple moving average is 28.01, creating a Buy signal.
Allegro MicroSystems’s (ALGM) stock price is $29.65 and Allegro MicroSystems’s (ALGM) 100-day simple moving average is 28.65, creating a Buy signal.
Allegro MicroSystems’s (ALGM) stock price is $29.65 and Allegro MicroSystems’s (ALGM) 200-day simple moving average is 30.20, creating a Sell signal.

Allegro MicroSystems (ALGM) Technical Indicators

May 19, 2024, 11:25 AM
Name
Value
Implied Action
RSI (14)
55.82
Neutral
STOCH (9,6)
86.47
Sell
STOCHRSI (14)
86.47
Sell
MACD (12,26)
0.34
Sell
ADX (14)
19.04
Buy
Williams %R
-15.17
Sell
CCI (14)
41.49
Neutral
ATR (14)
1.26
-
Ultimate Oscillator
60.77
Neutral
ROC
-1.98
Sell
Allegro MicroSystems’s (ALGM) Relative Strength Index (RSI) is 55.82, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Trend Strength Indicator (ADX) is 19.04, creating a Buy signal.
Allegro MicroSystems’s (ALGM) Commodity Channel Index (CCI) is 41.49, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Price Rate of Change (ROC) is -1.98, creating a Sell signal.

FAQ

Is ALGM a Buy, Hold, or Sell?
Based on ALGM’s technical indicators, ALGM is a Buy.
    What is ALGM’s RSI (14)?
    ALGM’s RSI (14) is 55.82, which suggests ALGM is a Neutral.
      What is ALGM’s MACD?
      ALGM’s MACD is 0.34, which suggests ALGM is a Sell.
        What is ALGM’s 5-day moving average?
        ALGM’s 5-day moving average is 29.02, which suggests ALGM is a Buy.
          What is ALGM’s 20-day moving average?
          ALGM 20-day moving average is 28.92, which suggests ALGM is a Buy.
            What is ALGM’s 50-day moving average?
            ALGM’s 50-day moving average is 28.01, which suggests ALGM is a Buy.
              What is ALGM’s 200-day moving average?
              ALGM’s 200-day moving average is 30.20, which suggests ALGM is a Sell.
                What is ALGM’s Williams % R (14)?
                ALGM’s Williams % R (14) is -15.17, which suggests ALGM is a Sell.
                  What is ALGM’s CCI (14)?
                  ALGM’s CCI (14) is 41.49, which suggests ALGM is a Neutral.
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