Why is ALGM Down Today?

ALGM
$46.39
▼ -13.48% ($-7.23)
Last updated: Jun 06, 2026 1:02 AM ET

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

PENDING 50% Confidence
🎯 Analysis In Progress
ALGM is down 13.5% today. Full analysis will be available shortly.

✅ Move Confirmation

LOW VOLUME 0.8x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

Market Comparison

ALGM is significantly underperforming the market (-10.9% vs SPY)
S&P 500
SPY
-2.58%
Nasdaq 100
QQQ
-4.8%
ALGM
This Stock
-13.48%
vs S&P 500: -10.9%
vs Nasdaq: -8.68%

📊 What Happens Next?

Probability Analysis

50% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ALGM is expected to trade between:
$45.00 - $47.78

Quick Trade Ideas

Options strategies to consider for ALGM's -13% move

📊

No Options Available

ALGM doesn't have listed options or options data is currently unavailable.

Try another stock in our Options Calculator →
Disclaimer: These are educational examples only, not investment advice. Options involve significant risk including total loss of premium. Prices shown are estimates and may differ from actual market prices. Always do your own research and consider your risk tolerance.

🔔 Get ALGM Alerts

We'll notify you when ALGM's trend changes or a new signal fires.

Last updated: Jun 06, 2026 1:02 AM
Data refreshes every 30 minutes during market hours

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Frequently Asked Questions

Why is ALGM stock down today?

ALGM is down 13.5% today. Full analysis will be available shortly.

Is ALGM stock a buy or sell right now?

Based on current analysis, ALGM shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ALGM stock price target?

ALGM is currently trading at $46.39. Based on today's momentum, the expected short-term range is $45.00 - $47.78. See long-term price prediction →

Will ALGM stock continue falling?

Our analysis shows a 50% probability that ALGM's move continues in the next 1-3 days.

Is ALGM stock oversold or overbought?

ALGM's RSI (Relative Strength Index) is currently at 49.3. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ALGM stock?

ALGM's 10-day momentum indicator is at 1.69. Positive momentum - the stock has mild upward pressure supporting the current trend.

Is ALGM outperforming or underperforming the market?

ALGM (-13.48%) is currently significantly underperforming the market (-10.9% vs SPY). Today, the S&P 500 (SPY) is down -2.58%, and Nasdaq (QQQ) is down -4.80%.

What does MACD indicate for ALGM?

ALGM's MACD (1.95) is currently above the signal line (1.91), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 22.4) is moderate.

Is ALGM in an uptrend or downtrend?

Based on moving average analysis, ALGM is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $47.23, 50-day SMA: $42.72.

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