Allegro Microsystems, Inc. (ALGM) Technical Analysis

$27.34▲0.81%

Insights

Allegro Microsystems is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Allegro Microsystems stock suggests that it is a good time to sell or bad time to initiate a fresh position
Based on analysis of the Moving Averages technical indicator, Allegro Microsystems stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Allegro Microsystems stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	69.63	Sell
Stochastic	95.55, 97.77	Sell
Ultimate Oscillator	76.53	Sell
Stochastic Relative Strength Index	97.55, 99.18	Sell
Moving Average Convergence Divergence	1.49, 0.43	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	24.09	Buy
20	21.39	Sell
50	22.94	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	24.78	Buy
20	23.11	Buy
50	22.73	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	22.92	Buy
20	21.09	Buy
50	22.35	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	27.31	Buy
20	24.66	Buy
50	22.37	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	28.4	Buy
20	26.77	Buy
50	22.4	Sell

Pivot

Pivot	Value
Resistance L3	28.42
Resistance L2	27.99
Resistance L1	27.75
Pivot Point	27.32
Support L1	27.08
Support L2	26.65
Support L3	26.41

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.