NSEBSECOMMODITYNASDAQNYSEFOREXINDICESAMEXUSA More...

Allegro Microsystems (ALGM) Technical (Analysis) Reports Allegro Microsystems ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Allegro Microsystems (ALGM)

Technical Analysis Report for NASDAQ stock ALGM Allegro Microsystems. Dated: 18 Dec 2024 Updated Daily. Stock trades in NASDAQ stock exchange

If you are looking for Tomorrow's Movement Predictions for NASDAQ stock ALGM Allegro Microsystems then click here. or read Experts views on Allegro Microsystems or Forecast & share price targets of Allegro Microsystems

Allegro Microsystems Opened at 22.31 and Closed at: 21.04, which is -4.9% of previous session's close. It moved within a range of 20.83 and 23.13
The session was a Bearish session with an average volume of 1923446, which is 9.35% of previous session's volumes.

• The stock has fallen, and its mid term trend is also negative and in a downtrend.
• The stock has fallen, and its long term trend is also negative and in a downtrend.

A Golden cross was found 7 days back on short term averages

A Golden cross was found 5 days back on mid term averages

Support for tomorrow is 19.79 and resistance for tomorrow is 22.09
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 20.2, 19.37 resistance for tomorrow's hourly charts is 22.5, 23.97

10 Day SMA for Allegro Microsystems (ALGM) is 21.66 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Allegro Microsystems (ALGM) is 20.96 and the stock is trading above these levels. This is a good sign for its mid term trend

50 Day SMA for Allegro Microsystems (ALGM) is 21.17 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 22.25 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Allegro Microsystems is 25.55 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Allegro Microsystems is at 20.96 and 200 DMA is at 25.55, while 50 DMA and 100 DMA are at 21.17 and 22.25 respectively

Allegro Microsystems (ALGM) moving average of 20 SMA is at 20.96 and 20 EMA is at 21.37

Allegro Microsystems (ALGM) moving average of 50 SMA is at 21.17 and 50 EMA is at 21.62

Allegro Microsystems (ALGM) moving average of 100 SMA is at 22.25 and 100 EMA is at 22.78

Allegro Microsystems (ALGM) moving average of 200 SMA is at 25.55 and 200 EMA is at 25.26

Allegro Microsystems Technical analysis of indicators

Price action analysis of Allegro Microsystems (ALGM) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Allegro Microsystems stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Allegro Microsystems in short term and the buy signal is strong.

Allegro Microsystems Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Allegro Microsystems in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Allegro Microsystems is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.66 and Allegro Microsystems ALGM stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Allegro Microsystems ALGM stock. Volume based technical analysis of Allegro Microsystems ALGM stock is negative.

Allegro Microsystems Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for NASDAQ stock ALGM Allegro Microsystems These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And ALGM Experts View which covers a lot of information including buying and selling signals

ALGM future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Allegro Microsystems or View Candle Stick Charts here