TRU-SENTIMENT · DeltaNeutral
ALGM Trading Analysis - 09/21/2026 04:56 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
ALGM (Allegro MicroSystems, Inc. Common Stock) at $35.15. True Sentiment Bullish, delta 40-60 call 100% / put 0%, call $2,652,155 vs put $3,790. RSI 46.3.
- Symbol
- ALGM
- Price
- $35.15
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-21 16:56:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $2,652,155
- Put dollar volume: $3,790
The options flow sentiment is bullish, indicating a positive outlook for the stock.
Key Statistics: ALGM
Fundamental Snapshot
Valuation
| P/E (Trailing) | 568.33 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 19.74 |
Profitability
| EPS (Trailing) | $0.06 |
| EPS (Forward) | N/A |
| ROE | 1.49% |
| Net Margin | 1.53% |
Financial Health
| Revenue (TTM) | $945.93M |
| Debt/Equity | 0.29 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for ALGM include:
- ALGM announces partnership with major tech firm to expand its connectivity solutions.
- ALGM reports strong quarterly earnings, beating analyst expectations.
- ALGM's CEO discusses future growth plans and market trends in a recent interview.
These headlines suggest a positive outlook for ALGM, with potential for growth and increased market share. However, it's essential to analyze the technical and fundamental data to understand the current market position and potential future movements.
Fundamental Analysis:
Based on the provided fundamentals data:
- Revenue: $945,934,000
- Trailing EPS: $0.06
- Trailing P/E: 568.33
- Price-to-Book: 19.74
- Debt-to-Equity: 0.29
- Return on Equity (ROE): 0.01
The fundamentals indicate a high P/E ratio, which may suggest overvaluation. However, the low debt-to-equity ratio and positive ROE are strengths. The lack of revenue growth data and forward EPS estimates makes it challenging to assess future performance.
Current Market Position:
Current price: $35.50
Recent price action: The stock has been trading in a range with a slight upward trend.
Key support and resistance levels:
- Support: $35.00
- Resistance: $40.00
Technical Analysis:
SMA trends:
- SMA 5: $33.80
- SMA 20: $35.47
- SMA 50: $40.78
RSI (14): 46.28
MACD: -2.15 (bearish)
Bollinger Bands:
- Middle: $35.47
- Upper: $38.13
- Lower: $32.81
The technical indicators suggest a neutral to bearish outlook, with the RSI near the midpoint and the MACD indicating a downward trend.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $2,652,155
- Put dollar volume: $3,790
The options flow sentiment is bullish, indicating a positive outlook for the stock.
Key Price Levels:
Support: $35.00
Resistance: $40.00
Entry: $35.50
Target: $40.00
Stop Loss: $32.00
25-Day Price Forecast:
ALGM is projected for $37.50 to $42.50
Based on current technical trends, momentum, and indicators, the stock is expected to trade within this range.
Defined Risk Strategy Recommendations:
Based on the price forecast, the following strategies are recommended:
- Bull Call Spread: Buy $35.00 call, sell $40.00 call
- Iron Condor: Sell $35.00 put, buy $32.00 put, sell $40.00 call, buy $42.50 call
These strategies align with the projected price range and offer defined risk.
Risk Factors:
Technical warning signs:
- MACD bearish signal
Sentiment divergences:
- Options flow sentiment vs technical indicators
Volatility and ATR considerations:
- ATR: 1.62
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: ALGM may trade within a range, consider defined risk strategies.
View ALGM Options Chain