Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Allego N.V. Warrants, each exercisable for one Ordinary Share at an exercise price of $11.50 per share (NYSE:ALLG.WS)
Countertrend Up (+85) - ALLG.WS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ALLG.WS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLG.WS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALLG.WS
The long-term trend has been UP since Mar 1st, 2023 at 0.3175
The intermediate-term trend has been UP since Aug 25th, 2023 at 0.2700
The short-term trend has been DOWN since Sep 21st, 2023 at 0.5400
Smart Scan Analysis for ALLG.WS
Based on our trend formula, ALLG.WS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.6898||52wk High Date||2023-09-20|
|52wk Low||0.095||52wk Low Date||2022-12-29|