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20 Day Moving Average Resistance appears for ALGM after 3.91% move

Allegro MicroSystems, Inc. (ALGM) — Nightly Technical Analysis · Aug 13, 2026, 20:06 ET
ALGM finished higher by 3.91% on Thursday, August 13th, trading 0.8 times its typical volume. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 42.59, 41.05 & 39.51, with resistance at 45.67, 47.21 & 48.75.

Current SwingTradeBot Technical Rating of ALGM: D

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Allegro MicroSystems, Inc. (ALGM)