Is Allegro MicroSystems, Inc. technically bullish or bearish?

As of 3 October 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 time frames. The weekly MACD and KST are both mildly bearish, while the monthly MACD and KST show a mildly bullish trend. The Bollinger Bands indicate a bearish outlook on the weekly chart but are mildly bullish on the monthly chart. Daily moving averages are mildly bullish, suggesting some short-term strength.
In terms of performance, the stock has underperformed the S&P 500 over the past week and month, with returns of -3.22% and -7.69% compared to 1.09% and 4.15% for the index, respectively. However, it has outperformed the S&P 500 year-to-date and over the past year, with returns of 29.09% and 31.56% versus 14.18% and 17.82%.