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Is ALLO set to rally? 20 Day Moving Average Support shows up after climbing 2.45%

Allogene Therapeutics, Inc. (ALLO) — Nightly Technical Analysis · Aug 27, 2026, 19:59 ET
On Thursday, August 27th, ALLO moved up 2.45% while volume shrunk to 0.7× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.01, 1.94 & 1.87, with resistance at 2.15, 2.22 & 2.29.

Current SwingTradeBot Technical Rating of ALLO: B

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Allogene Therapeutics, Inc. (ALLO)