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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Allego N.V. Ordinary Share (NYSE:ALLG)

Bull Market Weakness (+75) - ALLG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALLG as it may be in the beginning stages of a reversal.

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

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

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

NYSE_ALLG
Open High Low ALLG Price Change
1.2300 1.2300 1.1601 1.1900 -0.0400
Entry Signal

MarketClub’s Trade Triangles for ALLG

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.48

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2024 at 1.10

short term down The short-term trend has been DOWN since May 6th, 2024 at 1.20

Smart Scan Analysis for ALLG

Based on our trend formula, ALLG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ALLG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2300 1.2300 1.1601 1.1900 -0.0400
Prev. Close Volume Bid Ask Time
1.2300 20697 2024-05-08 15:57:55
52wk High3.8852wk High Date2023-06-13
52wk Low0.5752wk Low Date2024-03-15
Average Volume74,088
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