ALGM Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Allegro Microsystems Inc (ALGM) Moving Averages Convergence Divergence (MACD) indicator is 2.611, suggesting ALGM is Buy.

Allegro Microsystems Inc (ALGM) 20-Day simple moving average is 55.617, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it Sell.

Allegro Microsystems Inc (ALGM) 60-Day simple moving average is 48.712, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it Buy.

Technical Analysis for ALGM

Technical Sentiment Analysis for Allegro Microsystems Inc (ALGM) As of 2026-07-07, Allegro Microsystems Inc (ALGM) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALGM stands at 46.551, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.611, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.667 and the Commodity Channel Index (CCI) at -50.797 further confirm a -10.03 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ALGM is trading above its 60-day moving average of $48.712 and above its 200-day long-term moving average of $36.334. Key price levels to watch include the immediate resistance at $70.475 and strong support at $49.175. A break above $70.475 could signal a bull continuation, while falling below $49.175 may test the next Fibonacci floor at $39.172.

Allegro Microsystems Inc (ALGM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	27.875	39.172	49.175	60.472	70.475	81.772	91.775
Fibonacci	39.172	47.309	52.336	60.472	68.609	73.636	81.772

Allegro Microsystems Inc (ALGM) Technical Indicators

2026-07-07

Name	Value
RSI_14	46.551
STOCHk_14_3_3	19.667
STOCHd_14_3_3	41.45
CCI_20	-50.797
AO_5_34	8.39
MOM_10	-10.03
MACD_12_26_9	2.611

Allegro Microsystems Inc (ALGM) Relative Strength Index (RSI) is 46.551, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Stochastic Oscillator is 19.667, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Stochastic RSI is 41.45, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Commodity Channel Index (CCI) is -50.797, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Awesome Oscillator is 8.39, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Momentum is -10.03, creating a Sell signal.

Allegro Microsystems Inc (ALGM) MACD is 2.611, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	59.283	Sell
MA_10	59.178	Sell
MA_20	55.617	Sell
MA_60	48.712	Buy
MA_200	36.334	Buy
MA_250	35.535	Buy

Allegro Microsystems Inc (ALGM) 5-Day simple moving average is 59.283, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Sell.

Allegro Microsystems Inc (ALGM) 10-Day simple moving average is 59.178, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Sell.

Allegro Microsystems Inc (ALGM) 20-Day simple moving average is 55.617, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Sell.

Allegro Microsystems Inc (ALGM) 60-Day simple moving average is 48.712, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Buy.

Allegro Microsystems Inc (ALGM) 200-Day simple moving average is 36.334, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Buy.

Allegro Microsystems Inc (ALGM) 250-Day simple moving average is 35.535, while Allegro Microsystems Inc (ALGM) share price is $51.55, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for ALGM?

The overall technical consensus for Allegro Microsystems Inc (ALGM) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 3 sell signals.

What are the key support and resistance levels for Allegro Microsystems Inc (ALGM) today?

Based on pivot point calculations, Allegro Microsystems Inc (ALGM) has an immediate support level at 49.175 and a major resistance level at 70.475. Traders also monitor the pivot point at 60.472 to determine the intraday trend direction.

Is Allegro Microsystems Inc (ALGM) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Allegro Microsystems Inc (ALGM) is currently 46.551. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Allegro Microsystems Inc (ALGM)?

Allegro Microsystems Inc (ALGM) Moving Averages Convergence Divergence (MACD) indicator is 2.611, suggesting ALGM is Buy. This indicator helps identify potential trend reversals or momentum shifts for Allegro Microsystems Inc.

How is Allegro Microsystems Inc (ALGM) performing relative to its 200-day moving average?

Allegro Microsystems Inc (ALGM) is currently trading at $51.55, which is above its 200-day simple moving average of 36.334. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

27.875

39.172

49.175

60.472

70.475

81.772

91.775

Fibonacci

39.172

47.309

52.336

60.472

68.609

73.636

81.772

Name

Value

RSI_14

46.551

STOCHk_14_3_3

19.667

STOCHd_14_3_3

41.45

CCI_20

-50.797

AO_5_34

8.39

MOM_10

-10.03

MACD_12_26_9

2.611

Period

Simple

Signal

MA_5

59.283

Sell

MA_10

59.178

Sell

MA_20

55.617

Sell

MA_60

48.712

Buy

MA_200

36.334

Buy

MA_250

35.535

Buy

Frequently Asked Questions