US stock / ETF

Allegion Public Limited Company

ALLE · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

ALLE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $141.11 and stabilize above resistance $183.04.

Invalidation Trigger

Break above $183.04 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 34.5, MACD -0.702

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.98 (5.42%)

Weekly

EMA Structure

Bearish
EMA 8$132.91Bearish
EMA 21$141.11Bearish
EMA 50$147.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.5 · MACD -0.702

Momentum is weak

Strength
Bearish
Volatility
ATR $6.98 · BB 36.55%

High volatility

Strength
Bearish
Volume
MFI 54.4 · OBV -51.32%

Relative to 20-period average volume

Strength
Range
Price Levels
$125.59 - $183.04

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.56% · 8.8 ATR above latest close

$190.02
Nearest resistance

+42.13% · 7.8 ATR above · 34-bar high

$183.04
Current price

Price shown is delayed

$128.78
Nearest support

-2.48% · 0.5 ATR below · 34-bar low

$125.59
Deeper support zone

-7.9% · 1.5 ATR below latest close

$118.61
ATR zone

Latest close ± ATR14

$121.8 - $135.76

Indicators

Trend

Dow Theory Structure

Confirmation $125.59, invalidation $149.04

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

53.2 / 8.8 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$110.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.81 / $154.32Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

High volatility

$6.98 (5.42%)Bearish
Bollinger Bands (20,2)

Width 36.55%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.99 / $127.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$121.8 / $135.76Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.04Range
Support

Nearest Downside Decision Level

$125.59Range

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.702Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.6 / 27.1Bearish
Williams %R (14)

Oversold zone

-86.4Bullish
CCI (20)

Balanced zone

-86.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.4Range
OBV slope

20-period OBV slope

-51.32%Bearish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $125.59, invalidation $149.04

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

53.2 / 8.8 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$110.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.81 / $154.32Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.702Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.6 / 27.1Bearish
Williams %R (14)

Oversold zone

-86.4Bullish
CCI (20)

Balanced zone

-86.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$6.98 (5.42%)Bearish
Bollinger Bands (20,2)

Width 36.55%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.99 / $127.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$121.8 / $135.76Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.4Range
OBV slope

20-period OBV slope

-51.32%Bearish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.04Range
Support

Nearest Downside Decision Level

$125.59Range

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