Why is ALGM Up Today?

ALGM
$43.77
▲ +3.10% (+$1.32)
Last updated: Aug 09, 2026 7:36 PM ET

Overall Confidence: 50%

50% Confident

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

PENDING 50% Confidence
🎯 Analysis In Progress
ALGM is up 3.1% today. Full analysis will be available shortly.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

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

Market Comparison

ALGM is significantly outperforming the market (+2.5% vs SPY)
S&P 500
SPY
+0.61%
Nasdaq 100
QQQ
+1.17%
ALGM
This Stock
+3.10%
vs S&P 500: +2.49%
vs Nasdaq: +1.93%

📊 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:
$42.46 - $45.08

🔔 Get ALGM Alerts

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

Last updated: Aug 09, 2026 7:36 PM
Data refreshes every 30 minutes during market hours

Frequently Asked Questions

Why is ALGM stock up today?

ALGM is up 3.1% 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 $43.77. Based on today's momentum, the expected short-term range is $42.46 - $45.08. See long-term price prediction →

Will ALGM stock continue rising?

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 42.9. 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 -2.26. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is ALGM outperforming or underperforming the market?

ALGM (+3.10%) is currently significantly outperforming the market (+2.5% vs SPY). Today, the S&P 500 (SPY) is up 0.61%, and Nasdaq (QQQ) is up 1.17%.

What does MACD indicate for ALGM?

ALGM's MACD (-2.79) is currently below the signal line (-2.62), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 21.4) is moderate.

Is ALGM in an uptrend or downtrend?

Based on moving average analysis, ALGM is in a bearish trend. The price ($43.77) is trading below both the 20-day SMA ($45.87) and 50-day SMA ($50.86). This alignment typically indicates sustained downward pressure.

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