Technical Analysis for ALGRU - Allegro Merger Corp. - Unit

Grade Last Price % Change Price Change
grade A 10.53 0.10% 0.01
ALGRU closed up 0.1 percent on Monday, August 12, 2019, on 20 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A Flat Flat
See historical ALGRU trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Strong but Oversold Other 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 0.10%
Strong but Oversold Other 0.10%
Gapped Down Weakness 0.10%
Oversold Stochastic Weakness 0.10%
Crossed Above 50 DMA Bullish -0.19%
Narrow Range Bar Range Contraction -0.19%

Older signals for ALGRU ...

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Is ALGRU a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.69
52 Week Low 10.04
Average Volume 2,539
200-Day Moving Average 0.0
50-Day Moving Average 10.5113
20-Day Moving Average 10.5719
10-Day Moving Average 10.5633
Average True Range 0.0341
ADX 19.98
+DI 39.9833
-DI 38.7926
Chandelier Exit (Long, 3 ATRs ) 10.5877
Chandelier Exit (Short, 3 ATRs ) 10.5123
Upper Bollinger Band 10.6726
Lower Bollinger Band 10.4712
Percent B (%b) 0.29
BandWidth 1.90505
MACD Line 0.0084
MACD Signal Line 0.0222
MACD Histogram -0.0138
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.53
Resistance 3 (R3) 10.53 10.53 10.53
Resistance 2 (R2) 10.53 10.53 10.53 10.53
Resistance 1 (R1) 10.53 10.53 10.53 10.53 10.53
Pivot Point 10.53 10.53 10.53 10.53 10.53
Support 1 (S1) 10.53 10.53 10.53 10.53 10.53
Support 2 (S2) 10.53 10.53 10.53 10.53
Support 3 (S3) 10.53 10.53 10.53
Support 4 (S4) 10.53