NASDAQ:ALGM
Allegro Microsystems Inc. Stock Price (Quote)
$29.65
-0.100 (-0.336%)
At Close: May 17, 2024
Range | Low Price | High Price | Comment |
---|---|---|---|
30 days | $23.64 | $30.73 | Friday, 17th May 2024 ALGM stock ended at $29.65. This is 0.336% less than the trading day before Thursday, 16th May 2024. During the day the stock fluctuated 2.71% from a day low at $29.11 to a day high of $29.90. |
90 days | $23.64 | $32.63 | |
52 weeks | $23.64 | $53.05 |
Date | Open | High | Low | Close | Volume |
Jun 27, 2023 | $41.16 | $42.92 | $41.11 | $42.59 | 1 039 230 |
Jun 26, 2023 | $41.32 | $42.30 | $40.97 | $41.00 | 1 060 010 |
Jun 23, 2023 | $41.50 | $42.29 | $40.95 | $41.25 | 1 828 834 |
Jun 22, 2023 | $41.00 | $42.66 | $40.96 | $42.13 | 1 481 088 |
Jun 21, 2023 | $41.60 | $42.08 | $40.86 | $41.18 | 1 993 647 |
Jun 20, 2023 | $40.38 | $42.35 | $40.40 | $41.76 | 2 590 183 |
Jun 16, 2023 | $40.60 | $40.70 | $39.85 | $40.16 | 1 618 617 |
Jun 15, 2023 | $40.04 | $40.56 | $39.74 | $40.27 | 1 103 468 |
Jun 14, 2023 | $40.51 | $40.90 | $39.81 | $40.64 | 1 146 477 |
Jun 13, 2023 | $40.58 | $41.22 | $40.36 | $40.76 | 1 138 234 |
Jun 12, 2023 | $39.38 | $40.56 | $39.38 | $40.00 | 1 045 591 |
Jun 09, 2023 | $39.99 | $40.35 | $38.43 | $38.85 | 830 327 |
Jun 08, 2023 | $39.79 | $40.00 | $38.95 | $39.50 | 805 904 |
Jun 07, 2023 | $39.50 | $40.27 | $39.36 | $39.56 | 715 293 |
Jun 06, 2023 | $38.38 | $39.74 | $38.39 | $39.41 | 718 105 |
Jun 05, 2023 | $39.20 | $39.31 | $37.93 | $38.51 | 932 340 |
Jun 02, 2023 | $40.03 | $40.19 | $38.67 | $39.48 | 889 764 |
Jun 01, 2023 | $39.50 | $40.12 | $39.04 | $39.49 | 1 170 092 |
May 31, 2023 | $39.94 | $40.16 | $38.55 | $39.33 | 2 269 094 |
May 30, 2023 | $41.17 | $41.48 | $39.68 | $40.26 | 1 655 756 |
May 26, 2023 | $39.96 | $40.13 | $37.88 | $39.73 | 1 235 882 |
May 25, 2023 | $37.94 | $38.04 | $36.60 | $37.61 | 1 770 268 |
May 24, 2023 | $36.58 | $37.04 | $35.92 | $36.55 | 1 546 487 |
May 23, 2023 | $39.24 | $39.44 | $37.40 | $37.56 | 1 072 615 |
May 22, 2023 | $38.83 | $39.69 | $38.75 | $39.33 | 923 126 |
FAQ
What are historical stock prices?
Historical stock prices refer to a stock’s recorded prices at various past points. These prices include several key figures that help investors and analysts evaluate a stock’s performance over time:
Open: Open price for the trading day.
High: Highest price for the trading day.
Low: Lowest price for the trading day.
Close: Close price for the trading day.
Additionally, historical prices often include:
Volume is the number of shares traded during the day. It indicates how actively a stock was traded and can provide insights into market sentiment and liquidity.
Open: Open price for the trading day.
High: Highest price for the trading day.
Low: Lowest price for the trading day.
Close: Close price for the trading day.
Additionally, historical prices often include:
Volume is the number of shares traded during the day. It indicates how actively a stock was traded and can provide insights into market sentiment and liquidity.
How can I use ALGM stock historical prices to predict future price movements?
Trend Analysis: Examine the ALGM stock’s historical trends to identify patterns that might continue.
Moving Averages: Use moving averages to detect potential reversal points.
Momentum Indicators: Apply indicators like RSI or MACD to assess the momentum and strength of price movements.
Volume Analysis: Analyze trading volume alongside price changes to gauge trend strength.
Statistical Methods: Use statistical tools such as regression analysis to model and forecast future prices based on past data.
These techniques can provide insights but should be used with risk management practices to mitigate potential losses.
Moving Averages: Use moving averages to detect potential reversal points.
Momentum Indicators: Apply indicators like RSI or MACD to assess the momentum and strength of price movements.
Volume Analysis: Analyze trading volume alongside price changes to gauge trend strength.
Statistical Methods: Use statistical tools such as regression analysis to model and forecast future prices based on past data.
These techniques can provide insights but should be used with risk management practices to mitigate potential losses.
What impact do stock splits have on historical price data?
When a company performs a stock split, it adjusts the historical price data to reflect the new, lower trading price as if it had always been that way.
This ensures consistency for anyone analyzing the stock’s past prices. The adjustment helps prevent misleading signals on charts, such as false sell signals or bearish trends that aren’t there. For instance, in a 2-for-1 stock split, the price per share is cut in half, which would otherwise appear as a dramatic drop on the chart. If someone didn’t know about the split, they might wrongly think something negative happened to the company. Most technical indicators would also react to this apparent drop by signaling to sell.
A stock split, while making the shares seem more affordable and potentially more attractive to investors, doesn’t alter the company’s fundamental value.
This ensures consistency for anyone analyzing the stock’s past prices. The adjustment helps prevent misleading signals on charts, such as false sell signals or bearish trends that aren’t there. For instance, in a 2-for-1 stock split, the price per share is cut in half, which would otherwise appear as a dramatic drop on the chart. If someone didn’t know about the split, they might wrongly think something negative happened to the company. Most technical indicators would also react to this apparent drop by signaling to sell.
A stock split, while making the shares seem more affordable and potentially more attractive to investors, doesn’t alter the company’s fundamental value.
Why do the ALGM stock historical prices show a range for periods like 30 days, 90 days, and 52 weeks?
The range provides the lowest and highest prices at which the stock has traded during the specified period. This helps investors understand the stock’s volatility and price variability within that timeframe.
How can I use historical price volatility to assess risk?
High price volatility historically indicates higher risk and potentially higher returns. Investors can gauge the stock’s risk level by examining the range between high and low prices over various periods.