Technical Analysis for ALLG - Allego N.V.

Grade Last Price % Change Price Change
C 1.21 -1.63% -0.02
ALLG closed up 6.96 percent on Tuesday, May 7, 2024, on 10 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: May 14
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
20 DMA Support Bullish -1.63%
Hammer Candlestick Bullish -1.63%
180 Bullish Setup Bullish Swing Setup -1.63%
Gapped Up Strength -1.63%
Overbought Stochastic Strength -1.63%
Weak + Overbought Other 5.22%
Overbought Stochastic Strength 5.22%
Gapped Down Weakness 5.22%
Pocket Pivot Bullish Swing Setup -5.47%
Narrow Range Bar Range Contraction -5.47%

   Recent Intraday Alerts

Alert Time
Down 5% about 3 hours ago
Down 3% about 3 hours ago
Down 2 % about 3 hours ago
Down 1% about 3 hours ago
Fell Below 10 DMA about 3 hours ago

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Profile

Allego N.V. Description

Allego is a leading electric vehicle, or EV, charging company in Europe and has deployed over 28,000 charging ports across 12,000 public and private locations, spanning 16 European countries. In 2018, the Company was acquired by Meridiam Group, a global long-term sustainable infrastructure developer and investor, which provided the necessary capital to expand Allego’s existing global network, services, and technologies. The Company’s charging network includes fast, ultra-fast, and AC charging equipment. The Company takes a two-pronged approach to deliver charging solutions, providing an owned and operated public charging network with 100% renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The Company’s demanding solutions business provides design, installation, operations, and maintenance of chargers owned by third parties.


Classification

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Transport Renewable Energy Electric Vehicle Charging Station Electric Vehicle Charging Network

Is ALLG 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 3.8799
52 Week Low 0.57
Average Volume 561,148
200-Day Moving Average 1.52
50-Day Moving Average 1.06
20-Day Moving Average 1.15
10-Day Moving Average 1.22
Average True Range 0.11
RSI (14) 55.56
ADX 34.58
+DI 22.71
-DI 15.18
Chandelier Exit (Long, 3 ATRs) 0.95
Chandelier Exit (Short, 3 ATRs) 1.35
Upper Bollinger Bands 1.31
Lower Bollinger Band 0.98
Percent B (%b) 0.75
BandWidth 29.37
MACD Line 0.04
MACD Signal Line 0.04
MACD Histogram 0.0021
Fundamentals Value
Market Cap 326.99 Million
Num Shares 266 Million
EPS -0.61
Price-to-Earnings (P/E) Ratio -2.02
Price-to-Sales 1.74
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.41
Resistance 3 (R3) 1.39 1.32 1.38
Resistance 2 (R2) 1.32 1.27 1.32 1.37
Resistance 1 (R1) 1.27 1.24 1.29 1.29 1.36
Pivot Point 1.20 1.20 1.21 1.21 1.20
Support 1 (S1) 1.15 1.15 1.18 1.17 1.10
Support 2 (S2) 1.08 1.12 1.09 1.09
Support 3 (S3) 1.03 1.08 1.08
Support 4 (S4) 1.05