Is Allegro MicroSystems, Inc. stock a buy or sell right now?

Based on current indicators, Allegro MicroSystems, Inc. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Allegro MicroSystems, Inc.’s RSI?

RSI is 65.67, showing balanced momentum within the normal range.

What does MACD indicate for ALGM?

MACD at 2.39 signals bullish momentum with buyers in control.

What are Allegro MicroSystems, Inc.’s key support and resistance levels?

Support sits around $40.50, while resistance is near $54.14.

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

Live technical indicators, trading signals, and momentum insights for Allegro MicroSystems, Inc..

ALGM●NASDAQ

TechnologySemiconductors

$53.62

$0.51(0.96%)

U.S. Market opens in NaNh NaNm

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:Bullish (RSI: 65.67)

Trend Strength:Moderate (ADX: 23.46)

Volatility:High (ATR: 3.17)

Support/Resistance:$40.50 – $54.14 (Bollinger Bands)

This mix signals that Allegro MicroSystems, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.67

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 90.89

Bearish

Overbought levels may trigger pullback.

Williams %R: -1.85

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 19.92

Strongly Bullish

Strong upside momentum.

Takeaway:Allegro MicroSystems, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.39

Bullish

Bullish, trend momentum is strengthening.

ADX: 23.46

Moderate

Moderate trend, direction gaining strength.

ATR (14): 3.17

Medium

Medium volatility, healthy price movement.

CCI (14): 110.41

Bearish Risk

Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators

Bollinger Bands

Upper Band

$54.14

Middle Band (SMA 20)

$47.32

Lower Band

$40.50

Current Position

Within Bands

Takeaway:Allegro MicroSystems, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$54.20

Middle Line (EMA 20)

$47.87

Lower Channel

$41.54

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 Volume29.72M

Money Flow Index61.23Bullish, inflows support continued momentum.

Relative Vigor Index66.15Bullish, price momentum strongly favors buyers.

Overall Takeaway:ALGM shows bullish money flow, with volume and vigor supporting buyers.

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.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Allegro MicroSystems, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.