Londinia Opportunities Analyses - 05/24/2022 (GMT) ALLEGION PLC - 1H
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USD
(-)
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15 min delayed data - NYSE Stocks
| Type: | Stocks |
| Ticker: | ALLE |
| ISIN: | IE00BFRT3W74 |
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 107.46 USD
My targets
105.72 USD (-0.96%)
99.13 USD (-7.13%)
My analysis
ALLEGION PLC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 107.46 USD. The next support located at 105.72 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 99.13 USD. Below this support, sellers could then target 85.26 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
ALLEGION PLC rating 106.74 USD. On the day, this instrument lost -1.63% and was between 105.85 USD and 108.74 USD. This implies that the price is at +0.84% from its lowest and at -1.84% from its highest.105.85
108.74
106.74
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ALLEGION PLC:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ALLEGION PLC indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 76.73 | 85.26 | 105.72 | 106.74 | 107.46 | 108.97 | 111.37 |
| Change (%) | -28.12% | -20.12% | -0.96% | - | +0.67% | +2.09% | +4.34% |
| Change | -30.01 | -21.48 | -1.02 | - | +0.72 | +2.23 | +4.63 |
| Level | Major | Major | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.73 | 105.59 | 107.05 | 108.91 | 110.37 | 112.23 | 113.69 |
| Camarilla | 107.60 | 107.90 | 108.21 | 108.51 | 108.81 | 109.12 | 109.42 |
| Woodie | 103.53 | 105.49 | 106.85 | 108.81 | 110.17 | 112.13 | 113.49 |
| Fibonacci | 105.59 | 106.86 | 107.64 | 108.91 | 110.18 | 110.96 | 112.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.13 | 102.95 | 106.02 | 109.84 | 112.91 | 116.73 | 119.80 |
| Camarilla | 107.19 | 107.82 | 108.45 | 109.08 | 109.71 | 110.34 | 110.98 |
| Woodie | 98.75 | 102.76 | 105.64 | 109.65 | 112.53 | 116.54 | 119.42 |
| Fibonacci | 102.95 | 105.59 | 107.21 | 109.84 | 112.48 | 114.10 | 116.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.73 | 97.89 | 106.07 | 113.23 | 121.41 | 128.57 | 136.75 |
| Camarilla | 110.02 | 111.43 | 112.83 | 114.24 | 115.65 | 117.05 | 118.46 |
| Woodie | 91.23 | 98.15 | 106.57 | 113.49 | 121.91 | 128.83 | 137.25 |
| Fibonacci | 97.89 | 103.75 | 107.37 | 113.23 | 119.09 | 122.71 | 128.57 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.63 | |
| MACD (12,26,9): | -0.6600 | |
| Directional Movement: | -13.37 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 107.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.69 | |
| Elder Ray (13): | -1.78 | |
| Super Trend (3,10): | 109.93 | |
| Zig ZAG (10): | 105.92 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 17.39 | |
| TEMA (21): | 107.48 | |
| Williams %R (14): | -98.67 | |
| Chande Momentum Oscillator (20): | -1.41 | |
| Repulse (5,40,3): | -2.4500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 0.97 |
| MA7: | 109.58 | |
| MA20: | 112.43 | |
| MA50: | 112.14 | |
| MA100: | 115.82 | |
| MAexp7: | 107.76 | |
| MAexp20: | 108.49 | |
| MAexp50: | 109.64 | |
| MAexp100: | 110.69 | |
| Price / MA7: | -2.59% | |
| Price / MA20: | -5.06% | |
| Price / MA50: | -4.82% | |
| Price / MA100: | -7.84% | |
| Price / MAexp7: | -0.95% | |
| Price / MAexp20: | -1.61% | |
| Price / MAexp50: | -2.65% | |
| Price / MAexp100: | -3.57% |
Quotes :
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15 min delayed data
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Actions NYSE
News
The latest news and videos published on ALLEGION PLC at the time of the analysis were as follows:
- Allegion to Attend 2022 Wells Fargo Industrials Conference
- Allegion Reports First-Quarter 2022 Financial Results, Raises Full-Year 2022 Revenue Outlook, Reaffirms Full-Year 2022 EPS Outlook
- Stanley Black & Decker to Sell Access Technologies Business for $900 Million in Cash to Allegion
- Allegion to Acquire Stanley Black & Decker’s Access Technologies Business
- Allegion Releases New ESG Metrics, Launches 2021 Digital ‘Annual Report & More’