Why is ALLO Up Today?

ALLO
$1.80
▲ +2.27% (+$0.04)
Last updated: Sep 11, 2026 7:36 PM ET

About Allogene Therapeutics, Inc. Common Stock

Allogene Therapeutics Inc is a clinical-stage biotech firm specializing in immuno-oncology, focusing on the development of genetically engineered allogeneic T-cell products for cancer and autoimmune diseases. Their pipeline includes off-the-shelf T-cell candidates designed to target cancer cells or ...

Sector: BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES)
Market Cap: $275.13M
Forward P/E: -1.4
52-Week Range: $1.04 - $4.46
Employees: 361

Overall Confidence: 67%

67% Confident

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

OPTIONS 75% Confidence
🎯 Unusual CALL buying detected
Options traders are heavily buying calls on ALLO, with 87% of volume in calls. This suggests bullish institutional positioning.
SYMPATHY 60% Confidence
Outperforming sector by 3.2%
This stock is significantly outperforming its BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.5x average volume

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

📍 Sector Context

BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) sector: -0.9%

ALLO is outperforming its sector by 3.2%. This suggests a stock-specific catalyst.

Market Comparison

ALLO is outperforming the market (+1.4% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
ALLO
This Stock
+2.27%
vs S&P 500: +1.42%
vs Nasdaq: +1.4%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ALLO is expected to trade between:
$1.76 - $1.85

Key Level to Watch

$1.89 resistance
Watch for continuation above $1.80

🔔 Get ALLO Alerts

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

Last updated: Sep 11, 2026 7:36 PM (-171 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.7
Put/Call Ratio
137.4%
Implied Volatility
Call Volume: 23,606
Put Volume: 16,464
Total: 40,070
Unusual Activity: $2 PUT (1,673 vol) $2 PUT (1,600 vol) $2 PUT (1,573 vol)

Historical Context

ALLO has moved more than 3.0% up on 67 occasions in the past year.

46.3%
Continuation Rate
31/67 times continued up
-0.06%
Avg Next Day Change
After similar up moves
Last similar move: Aug 25, 2026 (6.9%) → Next day: -6.0%

Frequently Asked Questions

Why is ALLO stock up today?

Options traders are heavily buying calls on ALLO, with 87% of volume in calls. This suggests bullish institutional positioning.

Is ALLO stock a buy or sell right now?

Based on current analysis, ALLO shows 67% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ALLO stock price target?

ALLO is currently trading at $1.80. Based on today's momentum, the expected short-term range is $1.76 - $1.85. See long-term price prediction →

Will ALLO stock continue rising?

Our analysis shows a 45% probability that ALLO's move continues in the next 1-3 days. Key level to watch: $1.89 (resistance).

Is ALLO stock oversold or overbought?

ALLO's RSI (Relative Strength Index) is currently at 39.7. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ALLO stock?

ALLO's 10-day momentum indicator is at -0.29. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is ALLO outperforming or underperforming the market?

ALLO (+2.27%) is currently outperforming the market (+1.4% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for ALLO?

ALLO's MACD (-0.05) is currently below the signal line (-0.01), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 16.1) is weak.

Is ALLO in an uptrend or downtrend?

Based on moving average analysis, ALLO 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: $2.0, 50-day SMA: $1.96.

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