ALGM Stock Analysis: Allegro MicroSystems, Inc.

Updated Nov 3, 2026, after the Nov 2 close. Nasdaq, Semiconductors. Refreshed every trading day from the latest close.

$32.15 +5.31% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates ALGM EXIT on the short-term (daily) horizon, a stance it has held since Jul 14, 2026 at $52.32. The mid-term (weekly) and long-term (monthly) horizons read EXIT and EXIT. The Rebound algo's last dip trade closed on Sep 25, 2026 at $36.76; it holds no dip position now. The Patterns algo has no active chart pattern on the daily or weekly chart. The daily RSI (14) is 44, and the price sits 8.1% under the 50-day average and 21.3% under the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)EXIT
Long term (monthly)EXIT

Daily EXIT since Jul 14, 2026 at $52.32. Weekly EXIT since Sep 25, 2026 at $36.76. Monthly EXIT since Jul 2024.

Rebound

buys sharp dips
Short termEXIT
Mid termEXIT

Short term: the last dip trade closed on Sep 1, 2026 at $35.47; no open dip position. Mid term: the last dip trade closed on Sep 25, 2026 at $36.76; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily and weekly chartsNo active pattern

No active chart pattern on the daily or weekly chart.

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)44.1neutral
MACD / signal-1.01 / -0.99below signal, rising
ADX (14)17.4no clear trend
+DI / -DI23.8 / 29.2sellers lead
ATR (14)2.166.7% of price
Price levelsValuevs price
SMA 2033.67-4.5%
SMA 5034.99-8.1%
SMA 20040.84-21.3%
Bollinger (20, 2)29.60 to 37.74inside the bands
52-week range22.41 to 71.7720% of range
Volume3.6M1.0x the 20-day average

How the algos have done on ALGM

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (3.0y)
29%win rate
+2.4%avg per trade
7closed trades
Trend, mid term (6.0y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Trend, long term (6.1y) Not enough closed trades on this stock yet (1 so far; 5 needed).
Rebound, short term (2.3y)
43%win rate
-5.4%avg per trade
14closed trades
Rebound, mid term (6.0y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (0 detected; 5 needed).

Recent signals on ALGM

DateAlgoHorizonSignalPriceNote
2026-09-25ReboundMid term EXIT 36.76closed the BUY from Jul 17 at -20.9%
2026-09-25TrendMid term EXIT 36.76closed the BUY from $57.89 at -36.5%
2026-09-01ReboundShort term EXIT 35.47closed the BUY from Aug 18 at -10.0%
2026-08-18ReboundShort term BUY 39.39
2026-07-31ReboundShort term EXIT 41.50closed the BUY from Jul 17 at -10.7%
2026-07-17ReboundMid term BUY 46.48
2026-07-17ReboundShort term BUY 46.48
2026-07-14TrendShort term EXIT 52.32closed the BUY from $53.98 at -3.1%
2026-06-26TrendMid term BUY 57.89later closed
2026-06-17TrendShort term BUY 53.98later closed

The full ALGM analysis is in the QuantivFlow app

  • Chart patterns drawn on the chart, with their measured targets
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on ALGM: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about ALGM

Is ALGM in an uptrend right now?

Not by the Trend algo's reading, on any horizon. The daily horizon is EXIT since Jul 14, 2026. The weekly horizon is EXIT since Sep 25, 2026. The monthly horizon is EXIT since July 2024. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is ALGM oversold?

No. The daily RSI (14) closed at 44.1; the classic oversold line is 30.

Where is ALGM's 200-day moving average?

$40.84 at the Nov 2, 2026 close, with the stock at $32.15, 21.3% below it. The 50-day average is $34.99, 8.1% above the price.

Is ALGM a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound holds no dip position, Patterns sees no active chart pattern. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other technology stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 20:42 UTC. Machine-readable version: quantivflow.com/stocks/ALGM.json