The Greedy Trader Weekly Analysis
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Building Products Industry Stocks Technical Analysis - ALLE

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- 5/22/2026 -
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Allegion (ALLE) Technical Analysis

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Summary:
Weekly :Broken trend support lineRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldStochastic has raised above the signal lineLane's Stochastic bullish divergenceTrend support at 129.07
Daily :Stochastic has raised above the signal lineDaily  MACD line has moved above its signal line
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It was a first positive week after 3 consecutive negative weeks for the Allegion (ALLE). During the week, the ALLE gained 4.78 points, or 3.80%, and closed at 130.43 on Friday, May 22, 2026. It was the best weekly gain since February 6, 2026. ALLE was trading at average weekly trading volume.

Long-term trend: [See ALLE long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 87.33 and reached 183.11 on February 12, 2026. ALLE gained -95.78 points, or -109.68%, in 174 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (129.07) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See ALLE medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 183.11 and reached 125.00 on May 20, 2026. ALLE lost 58.11 points, or 31.74%, in 13 weeks. The chart has formed a Rectangle chart pattern. The downtrend support line (139.68) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See ALLE weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since February 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See ALLE short-term trend chart]
A short-term uptrend had started on May 20, 2026 at 125.00 and reached 131.53 on May 22, 2026. ALLE gained -6.53 points, or -5.22%, in 2 days. The price is now at the 16.85% retracement level.

Daily Technical Indicators: [See ALLE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.16
Williams' Percentage Range (W%R) 76.50
Lane's Stochastic (%D-Slow) 38.30
Greed/Fear Indicator (GFI) 35.99
Moving Average Converg./Diverg. (MACD) -3.88
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 16.71
Oversold
Williams' Percentage Range (W%R) 90.20
Strong Oversold
Lane's Stochastic (%D-Slow) 13.75
Oversold Bullish
Greed/Fear Indicator (GFI) 20.11
Moving Average Converg./Diverg. (MACD) -4.66 Bullish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 148.65
Upper Bollinger Band 143.27
50 Day Moving Average 139.93
Quarterly Trendline Support 139.68
20 Day Moving Average 133.20
Parabolic System 131.89
Price 130.43
Yearly Trendline Support 129.07
Daily Stochastic Crossing 128.40
Weekly Stochastic Crossing 127.72
Lower Bollinger Band 123.52
Sector and Industry
Description Name Rank
Sector Industrials 5
Industry Building Products 37
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 125.00
Low Date 05/20/2026
High 131.53
High Date 05/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 125.00
Low Date 05/20/2026
High 131.53
High Date 05/22/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 149.26
High Date 04/27/2026
Low 125.00
Low Date 05/20/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Rectangle
Status Broken Support
Resistance 148.65
Support 139.68
High 183.11
High Date 02/12/2026
Low 125.00
Low Date 05/20/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 189.36
Support 129.07
Low 87.33
Low Date 10/13/2022
High 183.11
High Date 02/12/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.