NASDAQ:ALGS - Nasdaq - US01626L2043 - Common Stock - Currency: USD
Overall ALGS gets a technical rating of 1 out of 10. ALGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ALGS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.07. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ALGS in the last couple of days, which is a good sign.
4.49
We found 1 important support area.
We found 1 important resistance area.
NASDAQ:ALGS (5/21/2025, 12:28:36 PM)
5.96
-0.1 (-1.65%)