ALLEGRO MICROSYSTEMS INC (ALGM)
US01749D1054 - Common Stock
Overall ALGM gets a technical rating of 0 out of 10. ALGM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ALGM is a bad performer in the overall market: 87% of all stocks are doing better.
ALGM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 75% of 108 stocks in the same industry do better.
ALGM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ALGM has an average volume of 2345830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALGM has a been trading in the 18.59 - 24.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ALGM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.81
32.80
We can see 5 important resistance areas.
- A resistance zone ranging from 21.51 to 21.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.04 to 23.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.82 to 24.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.38 from a trend line in the weekly time frame.
- Resistance @32.48 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.39
Mansfield-3.14
10 Day High22.03
10 Day Low18.59
20 Day High24.14
20 Day Low18.59
52 Week High33.26
52 Week Low18.59
Performance
1 Week4.64%
2 Weeks-6.36%
1 Month-3.85%
3 Month-16.97%
6 Month-32.21%
12 Month-25.44%
2 Year-33.37%
3 Year-33.56%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)49.31
LBB18.61
UBB22.35
ALLEGRO MICROSYSTEMS INC
NASDAQ:ALGM (11/22/2024, 11:47:00 AM)
21.025
+0.27 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.33%
1 Week4.64%
2 Weeks-6.36%
1 Month-3.85%
3 Month-16.97%
6 Month-32.21%
12 Month-25.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.88
ATR(20)%4.96%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.03
10 Day Low18.59
20 Day High24.14
20 Day Low18.59
52 Week High33.26
52 Week Low18.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume495.27K
Volume Incr53.59%
Vol(5)2.88M
Vol(50)2.35M