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Building Products Industry Stocks Technical Analysis - ALLEArchive - 8/21/2026 - Sign In to see current Signals. |
Allegion (ALLE) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Allegion (ALLE). During the week, the ALLE dropped -2.47 points, or -1.50%, and closed at 162.31 on Friday, August 21, 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 trend support level is at 132.02 and resistance is at 194.65. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 Falling Wedge chart pattern. The downtrend resistance line (97.42) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See ALLE weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 above its signal line since July 2, 2026. The distance between MACD and the signal line is near its high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See ALLE short-term trend chart] A short-term downtrend had started on August 7, 2026 at 170.87 and reached 159.82 on August 18, 2026. ALLE lost 11.05 points, or 6.47%, in 11 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (156.44) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a short-term trend.
Daily Technical Indicators: [See ALLE daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since August 13, 2026. This is an indication that the short-term trend is down.
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