US stock / ETF

Allegion Public Limited Company

ALLE · NYSE · USD

4 hoursBullish59%
4h Upside probability 59%Bullish

ALLE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $126.86 and reclaim $136.3.

Invalidation Trigger

Lose $126.86 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 55.5, MACD -0.063

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.64 (1.96%)

4h

EMA Structure

Range
EMA 8$132.64Bullish
EMA 21$132.33Bullish
EMA 50$132.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.5 · MACD -0.063

Momentum is strong

Strength
Bullish
Volatility
ATR $2.64 · BB 6.54%

Low volatility

Strength
Range
Volume
MFI 28.6 · OBV -20.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$126.86 - $136.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.23% · 1.6 ATR above latest close

$138.94
Nearest resistance

+1.27% · 0.6 ATR above · 34-bar high

$136.3
Current price

Price shown is delayed

$134.6
Nearest support

-5.75% · 2.9 ATR below · 34-bar low

$126.86
Deeper support zone

-7.71% · 3.9 ATR below latest close

$124.22
ATR zone

Latest close ± ATR14

$131.96 - $137.23

Indicators

Trend

Dow Theory Structure

Confirmation $136.3, invalidation $128.78

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.4 / 22.3 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$125.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.1 / $130.98Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

Low volatility

$2.64 (1.96%)Range
Bollinger Bands (20,2)

Width 6.54%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$138.26 / $126.46Range
ATR channel lower / upper

Current Volatility Envelope

$131.96 / $137.23Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$136.3Range
Support

Nearest Downside Decision Level

$126.86Range

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.3 / 52.2Bullish
Williams %R (14)

Neutral zone

-22.7Range
CCI (20)

Balanced zone

55.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.6Bearish
OBV slope

20-period OBV slope

-20.42%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $136.3, invalidation $128.78

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.4 / 22.3 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$125.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.1 / $130.98Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.3 / 52.2Bullish
Williams %R (14)

Neutral zone

-22.7Range
CCI (20)

Balanced zone

55.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$2.64 (1.96%)Range
Bollinger Bands (20,2)

Width 6.54%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$138.26 / $126.46Range
ATR channel lower / upper

Current Volatility Envelope

$131.96 / $137.23Range

Volume / Money Flow

MFI (14)

Money flow is weak

28.6Bearish
OBV slope

20-period OBV slope

-20.42%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$136.3Range
Support

Nearest Downside Decision Level

$126.86Range

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