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Is ALGM consolidating before a move? Bollinger Band Squeeze shows up after climbing 0.23%

Allegro MicroSystems, Inc. (ALGM) — Nightly Technical Analysis · Sep 15, 2025, 17:34 ET
ALGM closed up 0.23% on Monday, September 15th, with volume running 0.8× below average. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 29.51, 29.15 & 28.59, with resistance at 30.44, 31.0 & 31.36.

Current SwingTradeBot Technical Rating of ALGM: D

There’s more where that came from. See all of today’s signals for ALGM here.

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Allegro MicroSystems, Inc. (ALGM)