ALLEGION PLC (ALLE)

IE00BFRT3W74 - Common Stock

141.41  +1.98 (+1.42%)

After market: 141.41 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ALLE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

When comparing the yearly performance of all stocks, we notice that ALLE is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by ALLE over the past year are nicely spread over this period.
ALLE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALLE is lagging the market slightly.
In the last month ALLE has a been trading in the 136.84 - 146.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ALLE is part of the Building Products industry. There are 39 other stocks in this industry, ALLE did better than 52% of them.
Weekly and Daily overview Charts
ALLE Weekly chart
ALLE Daily chart
Setup Rating and Analysis

8

ALLE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 140.86, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

123.40

154.90

We found 3 important support areas.

  • A support zone ranging from 138.11 to 140.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @126.80 from a horizontal line in the daily time frame.
  • Support @124.65 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 153.37 to 153.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.89
Mansfield-0.27
10 Day High145.94
10 Day Low136.84
20 Day High146.13
20 Day Low136.84
52 Week High156.1
52 Week Low103.19
Performance
1 Week0.06%
2 Weeks-0.91%
1 Month-2.66%
3 Month3.22%
6 Month15.34%
12 Month34.62%
2 Year24.43%
3 Year14.37%
5 Year17.81%
10 Year162.6%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)48.22
LBB137.62
UBB144.18
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
145.95138.107.85 (5.38%)18.59%
An entry @145.95. This is a Buy Stop order right above the 10 day high.An exit @138.10. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 7.85 points, which is 5.38%.For a 1.00% total portfolio risk, you can invest 18.59% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALLE Daily chart

ALLEGION PLC

NYSE:ALLE (11/21/2024, 8:11:52 PM)

After market: 141.41 0 (0%)

141.41

+1.98 (+1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.42%
1 Week0.06%
2 Weeks-0.91%
1 Month-2.66%
3 Month3.22%
6 Month15.34%
12 Month34.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.56
ATR(20)%1.83%
ATR Inc
Range Today2.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High145.94
10 Day Low136.84
20 Day High146.13
20 Day Low136.84
52 Week High156.1
52 Week Low103.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume783.90K
Volume Incr-28.26%
Vol(5)697.30K
Vol(50)835.70K