Allogene Therapeutics, Inc. Common Stock
Here’s whether Allogene Therapeutics, Inc. Common Stock (ALLO) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+0.88% over 10 days); RSI 64 — healthy momentum range; strong 1-year return of +86.6%. Currently 53.1% off its 52-week high. Score: +6/7.
ALLO is in a confirmed uptrend, trading above both its 50-day ($1.98) and 200-day ($1.92) moving averages. An RSI of 63.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +86.6% compares to +20.5% for SPY (beat the market by 66.1%). The current 53.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.