Technical Analysis for ALGR - Allegro Merger Corp.

Grade Last Price % Change Price Change
grade A 10.095 0.05% 0.01
ALGR closed up 0.05 percent on Friday, July 19, 2019, on 5.17 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Up Flat
See historical ALGR trend table...

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.05%
Pocket Pivot Bullish Swing Setup 0.05%

Older signals for ALGR ...

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Profile
Allegro Merger Corp. is a blank check company. The Company’s objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company does not have any business operations. As of May 29, 2018, the Company has not generated any revenues.
Corporate Finance Private Equity Special Purpose Acquisition Company Mergers And Acquisitions Consolidation Net Element
Is ALGR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.1
52 Week Low 9.02
Average Volume 33,869
200-Day Moving Average 0.0
50-Day Moving Average 10.0157
20-Day Moving Average 10.0533
10-Day Moving Average 10.0595
Average True Range 0.036
ADX 26.84
+DI 23.4499
-DI 30.2464
Chandelier Exit (Long, 3 ATRs ) 9.992
Chandelier Exit (Short, 3 ATRs ) 10.108
Upper Bollinger Band 10.1035
Lower Bollinger Band 10.0031
Percent B (%b) 0.92
BandWidth 0.998677
MACD Line 0.0201
MACD Signal Line 0.0177
MACD Histogram 0.0024
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.12
Resistance 3 (R3) 10.12 10.11 10.11
Resistance 2 (R2) 10.11 10.10 10.11 10.11
Resistance 1 (R1) 10.10 10.10 10.10 10.10 10.11
Pivot Point 10.09 10.09 10.09 10.09 10.09
Support 1 (S1) 10.09 10.08 10.09 10.09 10.08
Support 2 (S2) 10.08 10.08 10.08 10.08
Support 3 (S3) 10.07 10.08 10.08
Support 4 (S4) 10.07