ALLEGION PLC (ALLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALLE - IE00BFRT3W74 - Common Stock
We assign a technical rating of 2 out of 10 to ALLE. ALLE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ALLE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 164.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 159.07, a Stop Loss order could be placed below this zone.
More info and screens
130.34
We found 2 important support areas.
- A support zone ranging from 157.48 to 159.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @131.66 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 164.98 to 168.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 179.33 to 179.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ALLE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLE is neutral. |
| ChartMill Relative Strength | 57.37 | NEUTRAL | ALLE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALLE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALLE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.35 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ALLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.75 | NEUTRAL | The Stochastics value for ALLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for ALLE suggests a strong trend. |
160.83
-3.88 (-2.36%)
ALLEGION PLC / ALLE FAQ
Can you provide the ChartMill technical rating for ALLEGION PLC?
ChartMill assigns a technical rating of 2 / 10 to ALLE.
What is the trend direction for ALLE stock?
The current trend direction for ALLEGION PLC (ALLE) is Bearish.
What is the RSI signal for ALLE stock?
ALLEGION PLC (ALLE) has an RSI value of 44.3469. This indicates that the stock is currently neutral.
What is the short term momentum for ALLE stock?
The short term momentum for ALLEGION PLC (ALLE) is neutral.
What are the support and resistance levels for ALLEGION PLC (ALLE) stock?
ALLEGION PLC (ALLE) has a support level at 159.07 and a resistance level at 164.98. Check the full technical report for our detailed analysis of ALLE support and resistance levels.