Is Allegro MicroSystems, Inc. technically bullish or bearish?

Jun 25 2025 09:08 AM IST
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As of June 10, 2025, Allegro MicroSystems, Inc. has a bullish technical trend, supported by positive indicators from the MACD, Bollinger Bands, and moving averages.
As of 10 June 2025, the technical trend for Allegro MicroSystems, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands indicate a bullish stance. Daily moving averages also support a bullish outlook. The KST is bullish on a weekly basis and mildly bullish monthly, while the Dow Theory shows a mildly bullish trend in both time frames. Overall, the current technical stance is bullish with strong indicators primarily from the MACD and Bollinger Bands.
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