tiprankstipranks
Allegro MicroSystems (ALGM)
NASDAQ:ALGM
US Market

Allegro MicroSystems (ALGM) Technical Analysis

923 Followers

Technical Sentiment

Overall Consensus
Strong Buy
11Bullish
0Neutral
2Bearish
Technical Analysis Consensus
Strong Buy
1Bullish
0Neutral
0Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Allegro MicroSystems’s (ALGM) 20-Day exponential moving average is 28.56, while Allegro MicroSystems’s (ALGM) share price is $30.64, making it a Buy.
Allegro MicroSystems’s (ALGM) 50-Day exponential moving average is 28.37, while Allegro MicroSystems’s (ALGM) share price is $30.64, making it a Buy.

Allegro MicroSystems (ALGM) Pivot Points

May 08, 2024, 07:43 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
Fibonacci
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 08, 2024, 07:43 PM
Period
Simple
Exponential
MA5
29.63Buy
29.72Buy
MA10
29.30Buy
29.20Buy
MA20
28.11Buy
28.56Buy
MA50
28.42Buy
28.37Buy
MA100
28.77Buy
29.05Buy
MA200
31.08Sell
32.04Sell
Allegro MicroSystems’s (ALGM) 10-Day exponential moving average is 29.20, while Allegro MicroSystems’s (ALGM) share price is $30.64, making it a Buy.
Allegro MicroSystems’s (ALGM) 100-Day exponential moving average is 29.05, while Allegro MicroSystems’s (ALGM) share price is $30.64, making it a Buy.
Allegro MicroSystems’s (ALGM) stock price is $30.64 and Allegro MicroSystems’s (ALGM) 50-day simple moving average is 28.42, creating a Buy signal.
Allegro MicroSystems’s (ALGM) stock price is $30.64 and Allegro MicroSystems’s (ALGM) 100-day simple moving average is 28.77, creating a Buy signal.
Allegro MicroSystems’s (ALGM) stock price is $30.64 and Allegro MicroSystems’s (ALGM) 200-day simple moving average is 31.08, creating a Sell signal.

Allegro MicroSystems (ALGM) Technical Indicators

May 08, 2024, 07:43 PM
Name
Value
Implied Action
ROC
11.44
Buy
Allegro MicroSystems’s (ALGM) Price Rate of Change (ROC) is 11.44, creating a Buy signal.

FAQ

Is ALGM a Buy, Hold, or Sell?
Based on ALGM’s technical indicators, ALGM is a Strong Buy.
    What is ALGM’s RSI (14)?
    Currently, no data Available
    What is ALGM’s MACD?
    Currently, no data Available
    What is ALGM’s 5-day moving average?
    ALGM’s 5-day moving average is 29.63, which suggests ALGM is a Buy.
      What is ALGM’s 20-day moving average?
      ALGM 20-day moving average is 28.11, which suggests ALGM is a Buy.
        What is ALGM’s 50-day moving average?
        ALGM’s 50-day moving average is 28.42, which suggests ALGM is a Buy.
          What is ALGM’s 200-day moving average?
          ALGM’s 200-day moving average is 31.08, which suggests ALGM is a Sell.
            What is ALGM’s Williams % R (14)?
            Currently, no data Available
            What is ALGM’s CCI (14)?
            Currently, no data Available
            What's Included in PREMIUM?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis