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ALGM Crossed Above 20 Day Moving Average on September 17

Allegro MicroSystems, Inc. (ALGM) — Daily Technical Analysis & Swing Trading Signals · Sep 17, 2025, 17:50 ET
ALGM posted a 2.06% gain on Wednesday, September 17th, accompanied by 0.7× normal trading volume. Multiple bullish signals emerged — Crossed Above 20 DMA, MACD Bullish Signal Line Cross & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 30.03, 29.32 & 28.68, with resistance at 31.38, 32.02 & 32.73.

Current SwingTradeBot Technical Rating of ALGM: D

What else did ALGM do today? Find out on SwingTradeBot.

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Allegro MicroSystems, Inc. (ALGM)