Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Allego N.V. Ordinary Share (NYSE:ALLG)
Strong Downtrend (-100) - ALLG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALLG continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ALLG
The long-term trend has been DOWN since Mar 17th, 2023 at 2.76
The intermediate-term trend has been DOWN since Oct 9th, 2023 at 2.04
The short-term trend has been DOWN since Nov 22nd, 2023 at 1.48
Smart Scan Analysis for ALLG
Based on our trend formula, ALLG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.89||52wk High Date||2023-02-06|
|52wk Low||0.9853||52wk Low Date||2023-11-14|