ALLEGION PLC (ALLE) Stock Technical Analysis
NYSE:ALLE - IE00BFRT3W74 - Common Stock
171.86 USD
+1.11 (+0.65%)
171.86 USD
0 (0%)
We assign a technical rating of 10 out of 10 to ALLE. Both in the recent history as in the last year, ALLE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ALLE did better than 82% of all other stocks.
ALLE is part of the Building Products industry. There are 41 other stocks in this industry. ALLE outperforms 85% of them.
ALLE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ALLE has a been trading in the 163.06 - 173.25 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ALLE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 172.25. Right above this resistance zone may be a good entry point.
More info and screens
130.04
173.97
We found 4 important support areas.
- A support zone ranging from 163.71 to 164.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @156.09 from a trend line in the daily time frame.
- Support @149.29 from a trend line in the weekly time frame.
- Support @131.35 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 172.25 to 172.25. 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 | UP | POSITIVE | The long term trend for ALLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALLE is up. |
| ChartMill Relative Strength | 82.68 | POSITIVE | ALLE has a high relative strength, it outperformed 82.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALLE is above the rising 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) | 62.41 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests ALLE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.16 | NEUTRAL | The Stochastics value for ALLE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for ALLE suggests low volalility. |
| Average Directional Index/ADX (14) | 46.2 | POSITIVE | The high ADX value value for ALLE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 172.26 | 166.83 | 5.43 (3.15%) | 25.00% |
| An entry @172.26. This is a Buy Stop order right above the resistance zone. | An exit @166.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.43 points, which is 3.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
171.86
+1.11 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.65%
1 Week0.52%
2 Weeks2.78%
1 Month4.96%
3 Month23.51%
6 Month30.89%
12 Month27.78%
2 Year64.93%
3 Year91.64%
5 Year73.75%
10 Year198.06%
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%1.49%
ATR Inc10.86%
Range Today2.43
ADR(20)2.44
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.68
Mansfield1.12
10 Day High173.25
10 Day Low166.84
20 Day High173.25
20 Day Low163.06
52 Week High173.25
52 Week Low116.57
CS1 End164.51
CR1 Start172.25
Volume & EV
DER(3)2.98%
DER(5)1.01%
Volume596.70K
Volume Incr-11.2%
Vol(5)731.04K
Vol(50)903.29K