ALLEGION PLC (ALLE) Stock Technical Analysis
NYSE:ALLE • IE00BFRT3W74
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.
- In the last month ALLE has a been trading in the 158.51 - 183.11 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 64% of all stocks.
- ALLE is part of the Building Products industry. There are 42 other stocks in this industry, ALLE did better than 63% of them.
- ALLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALLE is lagging the market.
The technical rating of ALLE is bad and it also does not present a 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
132.77
2 important support areas can be observed.
- A support zone ranging from 157.48 to 158.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @134.11 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @159.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 165.02 to 169.19. 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 179.78. 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 | DOWN | NEGATIVE | The short term trend for ALLE is down. |
| ChartMill Relative Strength | 64.16 | 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) | 35.89 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.19 | NEGATIVE | The MACD value suggests ALLE has a negative trend. |
| Stochastics (14,3) | 2.85 | OVERSOLD | The low Stochastics value suggests ALLE may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.35 | POSITIVE | The high ADX value value for ALLE suggests a strong trend. |
158.86
+0.19 (+0.12%)
ALLEGION PLC / ALLE 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 ALLE stock?
ALLEGION PLC (ALLE) has an RSI value of 35.8921. This indicates that the stock is currently neutral.
What is the MACD signal for ALLE stock?
The MACD indicator for ALLEGION PLC (ALLE) has a value of -2.18742, indicating a bearish trend.
What are the support and resistance levels for ALLEGION PLC (ALLE) stock?
ALLEGION PLC (ALLE) has a support level at 158.85 and a resistance level at 159.45. Check the full technical report for our detailed analysis of ALLE support and resistance levels.