Is Allegro MicroSystems, Inc. technically bullish or bearish?

Sep 20 2025 08:11 PM IST
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As of September 12, 2025, Allegro MicroSystems, Inc. shows a neutral trend with mixed signals, having outperformed the S&P 500 recently but underperformed over the past year, suggesting a cautious investment approach.
As of 12 September 2025, the technical trend for Allegro MicroSystems, Inc. has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish. The daily moving averages indicate a mildly bullish trend, but the weekly KST and OBV are both mildly bearish. Bollinger Bands show bullish signals on both weekly and monthly time frames.

In terms of performance, Allegro has outperformed the S&P 500 over the past week (6.61% vs. 1.05%) and month (3.63% vs. 2.33%), but underperformed over the longer term, with a 1-year return of 37.83% compared to the S&P 500's 17.14%. Overall, the mixed indicators suggest a cautious approach.
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