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Stock Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Strong Uptrend (+100) - ALGM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ALGM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ALGM?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALGM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ALGM Price Change
27.61 27.70 27.01 27.36 -0.52
Entry Signal

MarketClub’s Trade Triangles for ALGM

long term up The long-term trend has been UP since Nov 2nd, 2020 at 18.725

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2021 at 28.080

short term up The short-term trend has been UP since Mar 31st, 2021 at 25.395

Smart Scan Analysis for ALGM

Based on our trend formula, ALGM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ALGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.61 27.70 27.01 27.36 -0.52
Prev. Close Volume Bid Ask Time
27.40 246644 2021-04-09 15:59:58
52wk High34.6652wk High Date2021-01-15
52wk Low16.7852wk Low Date2020-10-30
Average Volume659,398Shares Outstanding189,434
P/E Ratio10.2125
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