Is Allegro MicroSystems, Inc. technically bullish or bearish?
As of October 3, 2025, Allegro MicroSystems, Inc. shows a neutral technical trend with mixed signals, underperforming the S&P 500 recently but outperforming it year-to-date and over the past year.
As of 3 October 2025, the technical trend for Allegro MicroSystems, Inc. has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD and KST are both mildly bearish, while the monthly MACD and KST show a mildly bullish stance. The Bollinger Bands indicate a bearish signal on the weekly chart but are mildly bullish on the monthly. Daily moving averages are mildly bullish, suggesting some short-term strength. In terms of performance, Allegro has underperformed the S&P 500 over the past week and month, with returns of -4.68% and -5.06% compared to the S&P 500's gains of 1.09% and 4.15%, respectively. However, it has outperformed the benchmark year-to-date and over the past year, with returns of 29.55% and 34.28% compared to the S&P 500's 14.18% and 17.82%.
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