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Allegro MicroSystems (ALGM)
NASDAQ:ALGM
US Market

Allegro MicroSystems (ALGM) Technical Analysis

1,029 Followers

Technical Sentiment

Overall Consensus
Sell
4Bullish
6Neutral
12Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Allegro MicroSystems’s (ALGM) Moving Averages Convergence Divergence (MACD) indicator is 0.55, suggesting Allegro MicroSystems is a Buy.
Allegro MicroSystems’s (ALGM) 20-Day exponential moving average is 30.40, while Allegro MicroSystems’s (ALGM) share price is $28.79, making it a Sell.
Allegro MicroSystems’s (ALGM) 50-Day exponential moving average is 29.69, while Allegro MicroSystems’s (ALGM) share price is $28.79, making it a Sell.

Allegro MicroSystems (ALGM) Pivot Points

Jul 22, 2024, 06:10 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
27.93
29.22
30.04
31.32
32.14
33.43
34.25
Fibonacci
29.22
30.02
30.52
31.32
32.13
32.62
33.43
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 22, 2024, 06:10 AM
Period
Simple
Exponential
MA5
31.26Sell
30.64Sell
MA10
31.36Sell
30.81Sell
MA20
30.00Sell
30.40Sell
MA50
29.52Sell
29.69Sell
MA100
28.96Sell
29.51Sell
MA200
28.78Buy
30.44Sell
Allegro MicroSystems’s (ALGM) 10-Day exponential moving average is 30.81, while Allegro MicroSystems’s (ALGM) share price is $28.79, making it a Sell.
Allegro MicroSystems’s (ALGM) 100-Day exponential moving average is 29.51, while Allegro MicroSystems’s (ALGM) share price is $28.79, making it a Sell.
Allegro MicroSystems’s (ALGM) stock price is $28.79 and Allegro MicroSystems’s (ALGM) 50-day simple moving average is 29.52, creating a Sell signal.
Allegro MicroSystems’s (ALGM) stock price is $28.79 and Allegro MicroSystems’s (ALGM) 100-day simple moving average is 28.96, creating a Sell signal.
Allegro MicroSystems’s (ALGM) stock price is $28.79 and Allegro MicroSystems’s (ALGM) 200-day simple moving average is 28.78, creating a Buy signal.

Allegro MicroSystems (ALGM) Technical Indicators

Jul 22, 2024, 06:10 AM
Name
Value
Implied Action
RSI (14)
43.11
Neutral
STOCH (9,6)
23.05
Neutral
STOCHRSI (14)
50.56
Neutral
MACD (12,26)
0.55
Buy
ADX (14)
20.55
Neutral
Williams %R
-79.40
Buy
CCI (14)
-23.48
Neutral
ATR (14)
1.26
-
Ultimate Oscillator
37.40
Neutral
ROC
1.95
Buy
Allegro MicroSystems’s (ALGM) Relative Strength Index (RSI) is 43.11, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Trend Strength Indicator (ADX) is 20.55, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Commodity Channel Index (CCI) is -23.48, creating a Neutral signal.
Allegro MicroSystems’s (ALGM) Price Rate of Change (ROC) is 1.95, creating a Buy 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 43.11, which suggests ALGM is a Neutral.
      What is ALGM’s MACD?
      ALGM’s MACD is 0.55, which suggests ALGM is a Buy.
        What is ALGM’s 5-day moving average?
        ALGM’s 5-day moving average is 31.26, which suggests ALGM is a Sell.
          What is ALGM’s 20-day moving average?
          ALGM 20-day moving average is 30.00, which suggests ALGM is a Sell.
            What is ALGM’s 50-day moving average?
            ALGM’s 50-day moving average is 29.52, which suggests ALGM is a Sell.
              What is ALGM’s 200-day moving average?
              ALGM’s 200-day moving average is 28.78, which suggests ALGM is a Buy.
                What is ALGM’s Williams % R (14)?
                ALGM’s Williams % R (14) is -79.40, which suggests ALGM is a Buy.
                  What is ALGM’s CCI (14)?
                  ALGM’s CCI (14) is -23.48, which suggests ALGM is a Neutral.
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