Technical Analysis for ALLG - Allego N.V.

Grade Last Price % Change Price Change
B 9.42 14.60% 1.20
ALLG closed up 14.6 percent on Monday, May 16, 2022, on 6 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 EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 14.60%
Wide Bands Range Expansion 14.60%
Gapped Up Strength 14.60%
Oversold Stochastic Weakness 14.60%
1,2,3 Pullback Bullish Bullish Swing Setup 20.15%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Resistance about 6 hours ago
60 Minute Opening Range Breakout about 6 hours ago
Possible NR7 about 7 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Up 10% about 11 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 Service Industries Electric Vehicle Renewable Energy 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 28.44
52 Week Low 7.425
Average Volume 2,938,315
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 10.03
10-Day Moving Average 9.54
Average True Range 2.02
RSI 47.64
ADX 31.35
+DI 31.00
-DI 19.38
Chandelier Exit (Long, 3 ATRs) 8.64
Chandelier Exit (Short, 3 ATRs) 13.50
Upper Bollinger Bands 12.98
Lower Bollinger Band 7.08
Percent B (%b) 0.4
BandWidth 58.84
MACD Line -1.16
MACD Signal Line -1.11
MACD Histogram -0.0515
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.24
Resistance 3 (R3) 11.11 10.39 10.93
Resistance 2 (R2) 10.39 9.92 10.45 10.83
Resistance 1 (R1) 9.90 9.64 10.15 10.03 10.73
Pivot Point 9.18 9.18 9.30 9.24 9.18
Support 1 (S1) 8.69 8.71 8.94 8.82 8.11
Support 2 (S2) 7.97 8.43 8.03 8.01
Support 3 (S3) 7.48 7.97 7.91
Support 4 (S4) 7.61