NASDAQ:ALGM
Allegro Microsystems Inc. Stock Price (Quote)
$30.14
+0.370 (+1.24%)
At Close: May 31, 2024
Range | Low Price | High Price | Comment |
---|---|---|---|
30 days | $23.64 | $31.82 | Friday, 31st May 2024 ALGM stock ended at $30.14. This is 1.24% more than the trading day before Thursday, 30th May 2024. During the day the stock fluctuated 4.84% from a day low at $28.86 to a day high of $30.26. |
90 days | $23.64 | $32.45 | |
52 weeks | $23.64 | $53.05 |
Historical Allegro Microsystems Inc. prices
Date | Open | High | Low | Close | Volume |
Apr 27, 2023 | $38.02 | $38.43 | $35.06 | $35.56 | 5 320 021 |
Apr 26, 2023 | $38.96 | $39.27 | $38.22 | $38.44 | 2 084 180 |
Apr 25, 2023 | $41.20 | $41.20 | $38.52 | $38.79 | 3 490 433 |
Apr 24, 2023 | $41.50 | $42.07 | $40.91 | $41.13 | 1 654 159 |
Apr 21, 2023 | $41.51 | $42.11 | $41.33 | $41.66 | 1 618 973 |
Apr 20, 2023 | $42.54 | $42.61 | $40.89 | $41.87 | 2 754 841 |
Apr 19, 2023 | $43.91 | $44.08 | $43.37 | $43.64 | 1 004 663 |
Apr 18, 2023 | $43.91 | $44.40 | $43.27 | $44.34 | 1 126 934 |
Apr 17, 2023 | $44.62 | $45.26 | $42.55 | $43.36 | 1 920 989 |
Apr 14, 2023 | $44.73 | $45.99 | $44.42 | $45.04 | 813 840 |
Apr 13, 2023 | $44.97 | $45.24 | $44.58 | $44.82 | 882 726 |
Apr 12, 2023 | $45.65 | $45.90 | $44.55 | $44.82 | 847 096 |
Apr 11, 2023 | $46.52 | $46.61 | $45.27 | $45.36 | 797 627 |
Apr 10, 2023 | $44.65 | $46.24 | $44.50 | $46.20 | 936 215 |
Apr 06, 2023 | $45.00 | $45.56 | $44.35 | $45.06 | 1 026 489 |
Apr 05, 2023 | $45.64 | $46.13 | $44.75 | $45.61 | 1 325 001 |
Apr 04, 2023 | $48.21 | $48.21 | $45.91 | $46.24 | 1 209 495 |
Apr 03, 2023 | $48.25 | $48.72 | $46.86 | $47.86 | 1 195 676 |
Mar 31, 2023 | $47.35 | $48.15 | $47.28 | $47.99 | 966 559 |
Mar 30, 2023 | $47.17 | $48.25 | $46.98 | $47.38 | 893 046 |
Mar 29, 2023 | $45.71 | $47.00 | $45.65 | $46.66 | 795 784 |
Mar 28, 2023 | $45.80 | $46.18 | $44.36 | $45.08 | 1 268 811 |
Mar 27, 2023 | $46.74 | $47.38 | $45.93 | $46.12 | 1 156 940 |
Mar 24, 2023 | $46.89 | $47.32 | $45.51 | $46.34 | 1 494 347 |
Mar 23, 2023 | $46.58 | $48.30 | $46.26 | $47.37 | 2 006 473 |
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.