Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALGM stands at 47.529, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.699, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 14.2 and the Commodity Channel Index (CCI) at -114.814 further confirm a -5.79 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ALGM is trading above its 60-day moving average of $33.047 and above its 200-day long-term moving average of $30.958. Key price levels to watch include the immediate resistance at $41.943 and strong support at $34.523. A break above $41.943 could signal a bull continuation, while falling below $34.523 may test the next Fibonacci floor at $30.951.

Allegro Microsystems Inc (ALGM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	27.103	30.951	34.523	38.371	41.943	45.791	49.363
Fibonacci	30.951	33.786	35.537	38.371	41.206	42.957	45.791

Allegro Microsystems Inc (ALGM) Technical Indicators

2026-03-02

Name	Value
RSI_14	47.529
STOCHk_14_3_3	14.2
STOCHd_14_3_3	18.461
CCI_20	-114.814
AO_5_34	0.526
MOM_10	-5.79
MACD_12_26_9	0.699

Allegro Microsystems Inc (ALGM) Relative Strength Index (RSI) is 47.529, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Stochastic Oscillator is 14.2, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Stochastic RSI is 18.461, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Commodity Channel Index (CCI) is -114.814, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Awesome Oscillator is 0.526, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Momentum is -5.79, creating a Sell signal.

Allegro Microsystems Inc (ALGM) MACD is 0.699, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Moving Average

2026-03-02

Period	Simple	Signal
MA_5	37.398	Sell
MA_10	38.094	Sell
MA_20	39.313	Sell
MA_60	33.047	Buy
MA_200	30.958	Buy
MA_250	29.351	Buy

Allegro Microsystems Inc (ALGM) 5-Day simple moving average is 37.398, while Allegro Microsystems Inc (ALGM) share price is $36.59, making it a Sell.

Allegro Microsystems Inc (ALGM) 10-Day simple moving average is 38.094, while Allegro Microsystems Inc (ALGM) share price is $36.59, making it a Sell.

Allegro Microsystems Inc (ALGM) 20-Day simple moving average is 39.313, while Allegro Microsystems Inc (ALGM) share price is $36.59, making it a Sell.

Allegro Microsystems Inc (ALGM) 60-Day simple moving average is 33.047, while Allegro Microsystems Inc (ALGM) share price is $36.59, making it a Buy.

Allegro Microsystems Inc (ALGM) 200-Day simple moving average is 30.958, while Allegro Microsystems Inc (ALGM) share price is $36.59, making it a Buy.

Allegro Microsystems Inc (ALGM) 250-Day simple moving average is 29.351, while Allegro Microsystems Inc (ALGM) share price is $36.59, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 1 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 34.523 and a major resistance level at 41.943. Traders also monitor the pivot point at 38.371 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 47.529. 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 0.699, suggesting ALGM is Strong 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 $36.59, which is above its 200-day simple moving average of 30.958. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

ALGM Technical

ALGM Technical

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Overall Consensus

Technical Analysis Consensus

Moving Average Consensus

Technical Analysis for ALGM