Chips · Stock report · Allegro MicroSystems (NASDAQ: ALGM)
Allegro — only 57th of 85 chip stocks over one month, even after an 8.7% jump on Friday
The Closelooknet read
Allegro MicroSystems (NASDAQ: ALGM) ranks 57th of the 85 stocks in our chip section over one month, with a gain of 11.45%, even after it jumped 8.66% on Friday to close at $39.53. Our money-flow reading (a gauge of net buying pressure) is 32.2: still positive but slowing, and down 32.3 points over 21 days. What we watch: whether it closes above the average close of the last 200 sessions, $40.27, or stays under it.
Where Allegro stands among its power-chip peers
Over the past month, Monolithic Power Systems (MPWR) rose 18.07%, onsemi (ON) 17.35%, Infineon (IFX.DE) 16.41%, Texas Instruments (TXN) 15.31% and STMicroelectronics (STM) 12.92%, all ahead of Allegro's 11.45%. Renesas Electronics (6723.T) in Tokyo gained 5.4%, less than Allegro.
Allegro sits 43.22% below its 30 June 2026 closing high of $69.62. The peers' distances from their highs run from 11.58% (Texas Instruments) to 36.62% (onsemi).
Our money-flow and quality readings
Our money-flow reading is 32.2, down 6.3 points over five days and 32.3 over 21 days. It is still positive but slowing. Allegro's composite score is 39 of 100. Momentum is 28 and valuation 14, while balance sheet (62) and cash quality (70) rate higher. Growth scores 48, quality 32 and capital allocation 34.
The Piotroski score is a check of financial health, scored 7 of 9.
Price trend
The stock is up 49.85% this year but down 30.11% over three months. It closed 2.68% above its 50-day average of $38.50 and 1.84% below the average close of the last 200 sessions, $40.27. A death cross alert, the classic trend-turn-lower signal when the 50-day crosses under the 200-day, came on 1 October, six sessions after the cross. It opened 4.87% above the prior close, and its typical daily swing is about 3.38%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.