US stock / ETF

Allegion Public Limited Company

ALLE · NYSE · USD

4 hoursBullish54%
4h Upside probability 54%Bullish

ALLE 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $151.13 and reclaim $156.57.

Invalidation Trigger

Lose $151.13 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.8, MACD 0.012

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.21 (0.79%)

4h

EMA Structure

Bullish
EMA 8$154.56Bearish
EMA 21$154.33Bearish
EMA 50$154.33Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.8 · MACD 0.012

Neutral zone

Strength
Bearish
Volatility
ATR $1.21 · BB 2.26%

Low volatility

Strength
Bullish
Volume
MFI 42.2 · OBV -2.11%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$151.13 - $156.57

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.31% · 2.9 ATR above latest close

$157.78
Nearest resistance

+1.53% · 1.9 ATR above · 34-bar high

$156.57
Current price

Price shown is delayed

$154.21
Nearest support

-2% · 2.5 ATR below · 34-bar low

$151.13
Deeper support zone

-2.78% · 3.5 ATR below latest close

$149.92
ATR zone

Latest close ± ATR14

$153 - $155.42

Indicators

Trend

Dow Theory Structure

Confirmation $156.06, invalidation $154.14

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 18.2 / 36.6Bearish
Supertrend (10,3)

Price is above Supertrend

$150.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$153.72 / $153.85Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

Low volatility

$1.21 (0.79%)Bullish
Bollinger Bands (20,2)

Width 2.26%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$156.79 / $151.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$153 / $155.42Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$156.57Range
Support

Nearest Downside Decision Level

$151.13Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is positive

0.012Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 67.2Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

-27.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

-2.11%Bearish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $156.06, invalidation $154.14

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 18.2 / 36.6Bearish
Supertrend (10,3)

Price is above Supertrend

$150.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$153.72 / $153.85Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is positive

0.012Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 67.2Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

-27.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.21 (0.79%)Bullish
Bollinger Bands (20,2)

Width 2.26%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$156.79 / $151.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$153 / $155.42Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

-2.11%Bearish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$156.57Range
Support

Nearest Downside Decision Level

$151.13Range

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