NYSE:ALLE - New York Stock Exchange, Inc. - IE00BFRT3W74 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ALLE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALLE is showing a nice and steady performance.
Besides having an excellent technical rating, ALLE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 141.02, a Stop Loss order could be placed below this zone.
122.03
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
142.93 | 140.52 | 2.41 (1.68%) | 25.00% |
An entry @142.93. This is a Buy Stop order right above the 10 day moving average. | An exit @140.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.41 points, which is 1.68%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
141.96
-1.72 (-1.2%)