ALLEGION PLC (ALLE) Stock Technical Analysis
NYSE:ALLE - New York Stock Exchange, Inc. - IE00BFRT3W74 - Common Stock - Currency: USD
Overall ALLE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALLE is only an average performer.
The long and short term trends are both positive. This is looking good!
ALLE is currently trading near its 52 week high, which is a good sign. 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 141.93 - 154.57 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ALLE outperforms 66% of them, which is more or less in line with the market.
ALLE is an average performer in the Building Products industry, it outperforms 70% of 41 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although ALLE has an excellent technical rating, it 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
127.96
155.91
4 important support areas can be observed.
- A support zone ranging from 142.30 to 144.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @139.05 from a horizontal line in the daily time frame.
- A support zone ranging from 135.29 to 135.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @129.25 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 154.37 to 154.37. 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 | 66.84 | NEUTRAL | ALLE is not amongst the best or worst performers 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) | 65.37 | NEUTRAL | The RSI value for ALLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ALLE has a positive trend. |
| Stochastics (14,3) | 79.8 | NEUTRAL | The Stochastics value for ALLE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for ALLE suggests low volalility. |
| Average Directional Index/ADX (14) | 31.12 | 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)
154.36
+1.65 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.08%
1 Week5.68%
2 Weeks2.87%
1 Month7.49%
3 Month13.09%
6 Month16.47%
12 Month12.86%
2 Year32.09%
3 Year46.04%
5 Year55.2%
10 Year144.16%
15 YearN/A
Volatility
ATR(14)3.11
ATR(20)%1.88%
ATR Inc-16.83%
Range Today1.89
ADR(20)2.73
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.84
Mansfield0.3
10 Day High154.57
10 Day Low143.6
20 Day High154.57
20 Day Low141.93
52 Week High156.1
52 Week Low116.57
CS1 End144.78
CR1 Start154.37
Volume & EV
DER(3)-4.42%
DER(5)-2.96%
Volume1.67M
Volume Incr37.4%
Vol(5)1.24M
Vol(50)914.11K