ALGM
Allegro·NASDAQ
--
--(--)
--
--(--)
5.59 / 10
Netural
Technically, ALGM scores 5.59/10 with a neutral stance. Bullish elements include a recent white marubozu candlestick and a long upper shadow, whereas an overbought RSI and a long lower shadow temper enthusiasm. The mixed pattern implies volatility; traders may wait for a decisive breakout above the recent range to confirm direction.
Analysis Checks(2/4)
Long Upper Shadow
Score6.72/10
Win Rate61.54%
Hist. Signals13
Avg Return1.11%
Score6.72/10
Win Rate61.54%
Hist. Signals13
Avg Return1.11%
RSI Overbought
Score4.19/10
Win Rate54.55%
Hist. Signals22
Avg Return0.48%
Score4.19/10
Win Rate54.55%
Hist. Signals22
Avg Return0.48%
Long Lower Shadow
Score3.27/10
Win Rate52.94%
Hist. Signals17
Avg Return-1.21%
Score3.27/10
Win Rate52.94%
Hist. Signals17
Avg Return-1.21%
Marubozu White
Score8.17/10
Win Rate80.00%
Hist. Signals5
Avg Return2.86%
Score8.17/10
Win Rate80.00%
Hist. Signals5
Avg Return2.86%
Long Upper Shadow
Score6.72/10
Win Rate61.54%
Hist. Signals13
Avg Return1.11%
Score6.72/10
Win Rate61.54%
Hist. Signals13
Avg Return1.11%
Long Lower Shadow
Score3.27/10
Win Rate52.94%
Hist. Signals17
Avg Return-1.21%
Score3.27/10
Win Rate52.94%
Hist. Signals17
Avg Return-1.21%
RSI Overbought
Score4.19/10
Win Rate54.55%
Hist. Signals22
Avg Return0.48%
Score4.19/10
Win Rate54.55%
Hist. Signals22
Avg Return0.48%
Marubozu White
Score8.17/10
Win Rate80.00%
Hist. Signals5
Avg Return2.86%
Score8.17/10
Win Rate80.00%
Hist. Signals5
Avg Return2.86%
Technical Analysis of ALGM?
- ALGM presents a Netural setup with a Technical Score of 5.59/10. Key technical indicators highlight an RSI of 77.46 and a MACD of 1.06, with the trend anchored by the 50-Day SMA at 30.44. Traders should monitor key support at 37.73 and resistance at 39.19.
