Technical Analysis for ALLG - Allego N.V.

Grade Last Price % Change Price Change
D 0.90 -5.24% -0.05
ALLG closed down 5.24 percent on Friday, May 24, 2024, on 12 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -5.24%
Wide Bands Range Expansion -5.24%
Oversold Stochastic Weakness -5.24%
Wide Bands Range Expansion -7.67%
Oversold Stochastic Weakness -7.67%
Wide Bands Range Expansion -9.53%

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Profile

Allego N.V. Description

Allego is a leading electric vehicle, or EV, charging company in Europe and has deployed over 28,000 charging ports across 12,000 public and private locations, spanning 16 European countries. In 2018, the Company was acquired by Meridiam Group, a global long-term sustainable infrastructure developer and investor, which provided the necessary capital to expand Allego’s existing global network, services, and technologies. The Company’s charging network includes fast, ultra-fast, and AC charging equipment. The Company takes a two-pronged approach to deliver charging solutions, providing an owned and operated public charging network with 100% renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The Company’s demanding solutions business provides design, installation, operations, and maintenance of chargers owned by third parties.


Classification

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Transport Renewable Energy Electric Vehicle Charging Station Electric Vehicle Charging Network

Is ALLG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.8799
52 Week Low 0.57
Average Volume 559,624
200-Day Moving Average 1.42
50-Day Moving Average 1.09
20-Day Moving Average 1.12
10-Day Moving Average 1.02
Average True Range 0.11
RSI (14) 37.11
ADX 26.51
+DI 12.10
-DI 26.62
Chandelier Exit (Long, 3 ATRs) 0.96
Chandelier Exit (Short, 3 ATRs) 1.18
Upper Bollinger Bands 1.36
Lower Bollinger Band 0.87
Percent B (%b) 0.06
BandWidth 43.87
MACD Line -0.05
MACD Signal Line -0.02
MACD Histogram -0.0296
Fundamentals Value
Market Cap 239.26 Million
Num Shares 266 Million
EPS -0.61
Price-to-Earnings (P/E) Ratio -1.48
Price-to-Sales 1.74
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.09
Resistance 3 (R3) 1.09 1.04 1.06
Resistance 2 (R2) 1.04 0.99 1.03 1.05
Resistance 1 (R1) 0.97 0.96 0.94 0.96 1.04
Pivot Point 0.91 0.91 0.90 0.91 0.91
Support 1 (S1) 0.84 0.86 0.81 0.84 0.76
Support 2 (S2) 0.79 0.83 0.78 0.75
Support 3 (S3) 0.72 0.79 0.74
Support 4 (S4) 0.71