ALLEGION PLC (ALLE) Technical Analysis
NYSE:ALLE • IE00BFRT3W74
Current stock price
ALLE Technical Rating and Analysis
Taking everything into account, ALLE scores 1 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month ALLE has a been trading in the 139.29 - 150.78 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, ALLE turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- ALLE is part of the Building Products industry. There are 42 other stocks in this industry, ALLE did better than 65% of them.
- ALLE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALLE is lagging the market slightly.
ALLE Weekly and Daily overview Charts
ALLE Setup Rating and Analysis
Although the technical rating is bad, ALLE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 141.05, a Stop Loss order could be placed below this zone.
More info and screens
ALLE Support and Resistance Analysis
133.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 141.05 to 141.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @135.23 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 142.18 to 147.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @166.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 179.33 to 179.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALLE Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ALLE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLE is down. |
| ChartMill Relative Strength | 41.27 | 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 | MIXED | The current price of ALLE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.41 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests ALLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.42 | NEUTRAL | The Stochastics value for ALLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.25 | POSITIVE | The high ADX value value for ALLE suggests a strong trend. |
ALLE Chart- and CandleStick Pattern Analysis
ALLE Technicals: Chart, Performance Metrics, Trend & Indicators
141.06
-3.1 (-2.15%)
ALLEGION PLC / ALLE TA FAQ
Can you provide the ChartMill technical rating for ALLEGION PLC?
ChartMill assigns a technical rating of 1 / 10 to ALLE.
What is the current trend direction of ALLEGION PLC (ALLE) stock?
The current trend direction for ALLEGION PLC (ALLE) is Bearish.
What is the RSI signal for ALLEGION PLC (ALLE) stock?
ALLEGION PLC (ALLE) has an RSI value of 32.4108. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALLEGION PLC (ALLE) stock?
The buy/sell signal for ALLEGION PLC (ALLE) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ALLEGION PLC?
ALLEGION PLC (ALLE) has a support level at 141.05 and a resistance level at 142.18. Check the full technical report for our detailed analysis of ALLE support and resistance levels.