ALGM Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Allegro Microsystems Inc (ALGM) Moving Averages Convergence Divergence (MACD) indicator is 2.7, suggesting ALGM is Neutral.

Allegro Microsystems Inc (ALGM) 20-Day simple moving average is 38.05, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it Sell.

Allegro Microsystems Inc (ALGM) 60-Day simple moving average is 31.41, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it Buy.

Technical Analysis for ALGM

Technical Sentiment Analysis for Allegro Microsystems Inc (ALGM) As of 2026-02-18, Allegro Microsystems Inc (ALGM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALGM stands at 55.438, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.7, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.907 and the Commodity Channel Index (CCI) at 21.493 further confirm a -0.3 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ALGM is trading above its 60-day moving average of $31.41 and above its 200-day long-term moving average of $30.309. Key price levels to watch include the immediate resistance at $44.093 and strong support at $37.533. A break above $44.093 could signal a bull continuation, while falling below $37.533 may test the next Fibonacci floor at $34.136.

Allegro Microsystems Inc (ALGM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	30.973	34.136	37.533	40.696	44.093	47.256	50.653
Fibonacci	34.136	36.642	38.19	40.696	43.202	44.75	47.256

Allegro Microsystems Inc (ALGM) Technical Indicators

2026-02-18

Name	Value
RSI_14	55.438
STOCHk_14_3_3	69.907
STOCHd_14_3_3	80.822
CCI_20	21.493
AO_5_34	6.862
MOM_10	-0.3
MACD_12_26_9	2.7

Allegro Microsystems Inc (ALGM) Relative Strength Index (RSI) is 55.438, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Stochastic Oscillator is 69.907, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Stochastic RSI is 80.822, creating a Sell signal.

Allegro Microsystems Inc (ALGM) Commodity Channel Index (CCI) is 21.493, creating a Neutral signal.

Allegro Microsystems Inc (ALGM) Awesome Oscillator is 6.862, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Momentum is -0.3, creating a Sell signal.

Allegro Microsystems Inc (ALGM) MACD is 2.7, creating a Buy signal.

Allegro Microsystems Inc (ALGM) Moving Average

2026-02-18

Period	Simple	Signal
MA_5	41.46	Sell
MA_10	40.929	Sell
MA_20	38.05	Sell
MA_60	31.41	Buy
MA_200	30.309	Buy
MA_250	28.931	Buy

Allegro Microsystems Inc (ALGM) 5-Day simple moving average is 41.46, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it a Sell.

Allegro Microsystems Inc (ALGM) 10-Day simple moving average is 40.929, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it a Sell.

Allegro Microsystems Inc (ALGM) 20-Day simple moving average is 38.05, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it a Sell.

Allegro Microsystems Inc (ALGM) 60-Day simple moving average is 31.41, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it a Buy.

Allegro Microsystems Inc (ALGM) 200-Day simple moving average is 30.309, while Allegro Microsystems Inc (ALGM) share price is $37.8538, making it a Buy.

Allegro Microsystems Inc (ALGM) 250-Day simple moving average is 28.931, while Allegro Microsystems Inc (ALGM) share price is $37.8538, 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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 2 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 37.533 and a major resistance level at 44.093. Traders also monitor the pivot point at 40.696 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 55.438. 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 2.7, suggesting ALGM is Neutral. 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 $37.8538, which is above its 200-day simple moving average of 30.309. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.