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Allegro MicroSystems, Inc.

ALGM•NASDAQ
Technology
Semiconductors
$38.48
$-0.45(-1.16%)
U.S. Market opens in 12h 39m

Allegro MicroSystems, Inc. (ALGM) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Allegro MicroSystems, Inc. (NASDAQ:ALGM).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ALGM Technical Analysis Summary

Allegro MicroSystems, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.06)
Trend Strength:Very Strong (ADX: 52.14)
Volatility:High (ATR: 2.09)
Support/Resistance:$32.68 – $44.71 (Bollinger Bands)

Technical conditions suggest Allegro MicroSystems, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.06

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 23.80

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.78

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.85

Bullish
Steady upward momentum.

Takeaway:Allegro MicroSystems, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.81

Bullish
Bullish, trend momentum is strengthening.

ADX: 52.14

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.09

Medium
Medium volatility, healthy price movement.

CCI (14): -47.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:Allegro MicroSystems, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.71
Middle Band (SMA 20)
$38.69
Lower Band
$32.68
Current Position
Within Bands

Takeaway:Allegro MicroSystems, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$42.41
Middle Line (EMA 20)
$38.23
Lower Channel
$34.04
Squeeze Status
No Squeeze

Takeaway:Allegro MicroSystems, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume27.97M
Money Flow Index57.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.34Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ALGM shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Allegro MicroSystems, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Allegro MicroSystems, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ