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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
$36.60
$0.34(0.92%)
U.S. Market opens in 7h 33m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.99)
Trend Strength:Moderate (ADX: 25.43)
Volatility:Medium (ATR: 1.82)
Support/Resistance:$32.89 – $37.70 (Bollinger Bands)

Technical conditions suggest Allegro MicroSystems, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Allegro MicroSystems, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.99

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 81.72

Bearish
Overbought levels may trigger pullback.

Williams %R: -25.98

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.16

Bullish
Steady upward momentum.

Takeaway:Allegro MicroSystems, Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.97

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.43

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.82

Low
Low volatility, stable price action.

CCI (14): 125.57

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$37.70
Middle Band (SMA 20)
$35.30
Lower Band
$32.89
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$39.69
Middle Line (EMA 20)
$36.06
Lower Channel
$32.42
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-6.79M
Money Flow Index63.45Bullish, inflows support continued momentum.
Relative Vigor Index59.62Neutral to Bullish, buyers hold a slight edge.

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. (NASDAQ: ALGM), here are the key trading signals and recommendations:

Bullish Signals

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

No significant bearish signals detected.

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

(NASDAQ: ALGM) Technical Analysis FAQ