Allegro MicroSystems (ALGM)
NASDAQ:ALGM
US Market

Allegro MicroSystems (ALGM) Technical Analysis

1,034 Followers

Technical Sentiment

Overall Consensus
Sell
6Bullish
1Neutral
15Bearish
Technical Analysis Consensus
Buy
6Bullish
1Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Allegro MicroSystems’s (ALGM) Moving Averages Convergence Divergence (MACD) indicator is -0.69, suggesting Allegro MicroSystems is a Buy.
Allegro MicroSystems’s (ALGM) 20-Day exponential moving average is 29.01, while Allegro MicroSystems’s (ALGM) share price is $24.34, making it a Sell.
Allegro MicroSystems’s (ALGM) 50-Day exponential moving average is 29.19, while Allegro MicroSystems’s (ALGM) share price is $24.34, making it a Sell.

Allegro MicroSystems (ALGM) Pivot Points

Jul 26, 2024, 09:48 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
21.69
22.88
23.79
24.98
25.89
27.08
27.99
Fibonacci
22.88
23.68
24.18
24.98
25.78
26.28
27.08
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

Jul 26, 2024, 09:48 PM
Period
Simple
Exponential
MA5
26.87Sell
26.60Sell
MA10
29.33Sell
28.14Sell
MA20
29.72Sell
29.01Sell
MA50
29.41Sell
29.19Sell
MA100
28.76Sell
29.24Sell
MA200
28.69Sell
30.10Sell
Allegro MicroSystems’s (ALGM) 10-Day exponential moving average is 28.14, while Allegro MicroSystems’s (ALGM) share price is $24.34, making it a Sell.
Allegro MicroSystems’s (ALGM) 100-Day exponential moving average is 29.24, while Allegro MicroSystems’s (ALGM) share price is $24.34, making it a Sell.
Allegro MicroSystems’s (ALGM) stock price is $24.34 and Allegro MicroSystems’s (ALGM) 50-day simple moving average is 29.41, creating a Sell signal.
Allegro MicroSystems’s (ALGM) stock price is $24.34 and Allegro MicroSystems’s (ALGM) 100-day simple moving average is 28.76, creating a Sell signal.
Allegro MicroSystems’s (ALGM) stock price is $24.34 and Allegro MicroSystems’s (ALGM) 200-day simple moving average is 28.69, creating a Sell signal.

Allegro MicroSystems (ALGM) Technical Indicators

Jul 26, 2024, 09:48 PM
Name
Value
Implied Action
RSI (14)
28.69
Buy
STOCH (9,6)
3.19
Buy
STOCHRSI (14)
3.19
Buy
MACD (12,26)
-0.69
Buy
ADX (14)
22.19
Neutral
Williams %R
-97.28
Buy
CCI (14)
-189.67
Buy
ATR (14)
1.39
-
Ultimate Oscillator
22.27
Sell
ROC
-20.92
Sell
Allegro MicroSystems’s (ALGM) Relative Strength Index (RSI) is 28.69, creating a Buy signal.
Allegro MicroSystems’s (ALGM) Trend Strength Indicator (ADX) is 22.19, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Commodity Channel Index (CCI) is -189.67, creating a Buy signal.
Allegro MicroSystems’s (ALGM) Price Rate of Change (ROC) is -20.92, creating a Sell signal.

FAQ

Is ALGM a Buy, Hold, or Sell?
Based on ALGM’s technical indicators, ALGM is a Sell.
    What is ALGM’s RSI (14)?
    ALGM’s RSI (14) is 28.69, which suggests ALGM is a Buy.
      What is ALGM’s MACD?
      ALGM’s MACD is -0.69, which suggests ALGM is a Buy.
        What is ALGM’s 5-day moving average?
        ALGM’s 5-day moving average is 26.87, which suggests ALGM is a Sell.
          What is ALGM’s 20-day moving average?
          ALGM 20-day moving average is 29.72, which suggests ALGM is a Sell.
            What is ALGM’s 50-day moving average?
            ALGM’s 50-day moving average is 29.41, which suggests ALGM is a Sell.
              What is ALGM’s 200-day moving average?
              ALGM’s 200-day moving average is 28.69, which suggests ALGM is a Sell.
                What is ALGM’s Williams % R (14)?
                ALGM’s Williams % R (14) is -97.28, which suggests ALGM is a Buy.
                  What is ALGM’s CCI (14)?
                  ALGM’s CCI (14) is -189.67, which suggests ALGM is a Buy.
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