ALLEGION PLC (ALLE) Stock Technical Analysis
USA - NYSE:ALLE - IE00BFRT3W74 - Common Stock
Overall ALLE gets a technical rating of 4 out of 10. ALLE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ALLE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
129.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 167.29 to 167.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @130.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 173.98 to 175.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | UP | POSITIVE | The long term trend for ALLE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLE is down. |
| ChartMill Relative Strength | 67.03 | 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) | UP | MIXED | The current price of ALLE is below 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) | 42.78 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests ALLE has a negative trend. |
| Stochastics (14,3) | 25.23 | NEUTRAL | The Stochastics value for ALLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for ALLE suggests a possible start of a new trend. |
169.08
-1.86 (-1.09%)
ALLEGION PLC / ALLE FAQ
Can you provide the ChartMill technical rating for ALLEGION PLC?
ChartMill assigns a technical rating of 4 / 10 to ALLE.
What is the trend direction for ALLE stock?
The current trend direction for ALLEGION PLC (ALLE) is Bullish.
What is the RSI signal for ALLE stock?
ALLEGION PLC (ALLE) has an RSI value of 42.7826. 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 negative.
What are the support and resistance levels for ALLEGION PLC (ALLE) stock?
ALLEGION PLC (ALLE) has a support level at 169.57 and a resistance level at 173.98. Check the full technical report for our detailed analysis of ALLE support and resistance levels.