NYSE:ALLE - New York Stock Exchange, Inc. - IE00BFRT3W74 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ALLE. 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.
Although the technical rating is bad, ALLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 126.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 123.95, a Stop Loss order could be placed below this zone.
121.92
4 important resistance areas can be observed.
NYSE:ALLE (4/21/2025, 3:54:09 PM)
123.15
-3.2 (-2.53%)