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Allegro MicroSystems, Inc.

ALGM Technical Analysis Summary (NASDAQ)

Analyze ALGM on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ALGM●NASDAQ
TechnologySemiconductors
$42.78
$1.28(3.08%)
U.S. Market is Open · 13:42

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 (NASDAQ)

Allegro MicroSystems, Inc. (NASDAQ: ALGM) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.59)
Trend Strength:Moderate (ADX: 20.83)
Volatility:High (ATR: 4.17)
Support/Resistance:$39.32 – $56.85 (Bollinger Bands)

Technical conditions suggest Allegro MicroSystems, Inc. on the NASDAQ is awaiting a decisive move. Overall, Allegro MicroSystems, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.03

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.83

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -20.64

Strongly Bearish
Sharp downside momentum.

Takeaway:Allegro MicroSystems, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -3.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.17

Medium
Medium volatility, healthy price movement.

CCI (14): -124.19

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Allegro MicroSystems, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$56.85
Middle Band (SMA 20)
$48.09
Lower Band
$39.32
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$55.73
Middle Line (EMA 20)
$47.40
Lower Channel
$39.07
Squeeze Status
No Squeeze

Takeaway:Allegro MicroSystems, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.84M
Money Flow Index33.42Bearish, selling pressure outweighs inflows.
Relative Vigor Index52.54Neutral to Bullish, buyers 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. (NASDAQ: ALGM), here are the key trading signals and recommendations:

Bullish Signals

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.

Overall Recommendation:Allegro MicroSystems, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: ALGM) Technical Analysis FAQ