Technical Analysis for ALGM - Allegro MicroSystems, Inc.

Grade Last Price % Change Price Change
B 29.60 2.74% 0.79
ALGM closed up 2.74 percent on Thursday, May 2, 2024, on 80 percent of normal volume.
Earnings due: May 8
*** please verify all earnings dates ***
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
50 DMA Support Bullish 2.74%
Upper Bollinger Band Walk Strength 2.74%
Overbought Stochastic Strength 2.74%
Gapped Down Weakness 2.74%
Stochastic Sell Signal Bearish -0.30%
Upper Bollinger Band Walk Strength -0.30%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 17 hours ago
Up 3% about 17 hours ago
Possible Inside Day about 18 hours ago
Reversed from Up about 22 hours ago
Gap Up Closed about 22 hours ago

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Profile

Allegro MicroSystems, Inc. Description

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor ICs and application-specific analog power ICs for motion control and energy-efficient systems in automotive and industrial markets. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; Power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components for LiDAR applications. The company sells its products to OEMs and suppliers primarily in the automotive and industrial markets through its direct sales force, distributors, and independent sales representatives. It operates in the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: Lidar Motion Control Monolithic Power Systems Maxim Integrated Microsystems

Is ALGM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 53.048
52 Week Low 24.655
Average Volume 1,507,612
200-Day Moving Average 31.29
50-Day Moving Average 28.46
20-Day Moving Average 27.76
10-Day Moving Average 28.52
Average True Range 1.03
RSI (14) 58.51
ADX 16.02
+DI 30.52
-DI 25.94
Chandelier Exit (Long, 3 ATRs) 27.44
Chandelier Exit (Short, 3 ATRs) 28.54
Upper Bollinger Bands 30.55
Lower Bollinger Band 24.96
Percent B (%b) 0.83
BandWidth 20.17
MACD Line 0.48
MACD Signal Line 0.12
MACD Histogram 0.3605
Fundamentals Value
Market Cap 5.72 Billion
Num Shares 193 Million
EPS 1.14
Price-to-Earnings (P/E) Ratio 25.96
Price-to-Sales 5.67
Price-to-Book 5.23
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.16
Resistance 3 (R3) 31.01 30.34 30.90
Resistance 2 (R2) 30.34 29.95 30.42 30.81
Resistance 1 (R1) 29.97 29.70 30.16 30.12 30.73
Pivot Point 29.30 29.30 29.40 29.38 29.30
Support 1 (S1) 28.93 28.91 29.12 29.08 28.47
Support 2 (S2) 28.26 28.66 28.34 28.39
Support 3 (S3) 27.89 28.26 28.30
Support 4 (S4) 28.04