It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ALGM’s FA Score shows that 1 FA rating(s) are green while.
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ALGM’s TA Score shows that 2 TA indicator(s) are bullish.
ALGM (@Semiconductors) experienced а -10.51% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Semiconductors industry was -4.92%. For the same industry, the average monthly price growth was -5.47%, and the average quarterly price growth was -11.64%.
ALGM is expected to report earnings on Feb 04, 2025.
The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.
ALGM | RECS | |
---|---|---|
RSI ODDS (%) | 2 days ago78% | 2 days ago61% |
Stochastic ODDS (%) | 2 days ago78% | 2 days ago60% |
Momentum ODDS (%) | 2 days ago80% | 2 days ago90% |
MACD ODDS (%) | 2 days ago81% | 2 days ago90% |
TrendWeek ODDS (%) | 2 days ago79% | 2 days ago69% |
TrendMonth ODDS (%) | 2 days ago81% | 2 days ago88% |
Advances ODDS (%) | 9 days ago0% | 3 days ago87% |
Declines ODDS (%) | 2 days ago82% | N/A |
BollingerBands ODDS (%) | 2 days ago70% | 2 days ago67% |
Aroon ODDS (%) | 2 days ago82% | 2 days ago85% |
A.I.dvisor indicates that over the last year, ALGM has been closely correlated with ON. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALGM jumps, then ON could also see price increases.
Ticker / NAME | Correlation To ALGM | 1D Price Change % | ||
---|---|---|---|---|
ALGM | 100% | -1.00% | ||
ON - ALGM | 67% Closely correlated | -2.15% | ||
LSCC - ALGM | 66% Loosely correlated | +0.02% | ||
SYNA - ALGM | 63% Loosely correlated | +0.99% | ||
DIOD - ALGM | 62% Loosely correlated | -2.34% | ||
PLAB - ALGM | 61% Loosely correlated | +0.69% | ||
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A.I.dvisor indicates that over the last year, RECS has been loosely correlated with AMZN. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if RECS jumps, then AMZN could also see price increases.
Ticker / NAME | Correlation To RECS | 1D Price Change % | ||
---|---|---|---|---|
RECS | 100% | -0.45% | ||
AMZN - RECS | 60% Loosely correlated | -1.22% | ||
MSFT - RECS | 60% Loosely correlated | +0.40% | ||
EXP - RECS | 59% Loosely correlated | -0.86% | ||
ALGM - RECS | 57% Loosely correlated | -1.00% | ||
INTU - RECS | 56% Loosely correlated | -0.78% | ||
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