The Greedy Trader Weekly Analysis
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- 1/16/2026 -
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Allegion (ALLE) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend resistance at 166.28
Daily :The price touches the upper Bollinger BandThe Bollinger Bands are historically close together
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It was a fourth consecutive positive week for the Allegion (ALLE). During the week, the ALLE gained 2.30 points, or 1.41%, and closed at 164.99 on Friday, January 16, 2026. It was the best weekly gain since November 28, 2025. Weekly volume was -6% below average.

ALLE is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See ALLE long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 87.33 and reached 180.68 on October 21, 2025. ALLE gained -93.35 points, or -106.89%, in 157 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 124.92 and resistance is at 183.75. 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 October 21, 2025 at 180.68 and reached 157.09 on December 9, 2025. ALLE lost 23.59 points, or 13.06%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (166.28). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See ALLE weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 24, 2025. This is an indication that the medium-term trend is down. 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 December 9, 2025 at 157.09 and reached 166.79 on January 9, 2026. ALLE gained -9.70 points, or -6.17%, in 31 days. The price is now at the 18.56% retracement level.

Daily Technical Indicators: [See ALLE daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since December 10, 2025. This is an indication that the short-term trend is up.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands (3.61%) is close to one year low (3.56%). It is 58.63% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.53
Williams' Percentage Range (W%R) 35.40
Lane's Stochastic (%D-Slow) 53.90
Greed/Fear Indicator (GFI) 59.67
Moving Average Converg./Diverg. (MACD) -0.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.33
Williams' Percentage Range (W%R) 72.40
Lane's Stochastic (%D-Slow) 28.54
Greed/Fear Indicator (GFI) 32.91
Moving Average Converg./Diverg. (MACD) 3.90
Trading Signals
Description Value Chart
Yearly Trendline Resistance 183.75
Monthly Trendline Resistance 166.28
Upper Bollinger Band 165.02
Price 164.99
Daily Stochastic Crossing 162.95
50 Day Moving Average 162.37
20 Day Moving Average 161.43
Parabolic System 160.51
Weekly Stochastic Crossing 160.21
Lower Bollinger Band 159.06
Monthly Trendline Support 150.00
Sector and Industry
Description Name Rank
Sector Industrials 11
Industry Building Products 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 160.00
Low Date 01/13/2026
High 166.10
High Date 01/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 157.09
Low Date 12/09/2025
High 166.79
High Date 01/09/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 166.28
Support 150.00
High 180.68
High Date 10/21/2025
Low 157.09
Low Date 12/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 116.60
Low Date 04/08/2025
High 180.68
High Date 10/21/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 183.75
Support 124.92
Low 87.33
Low Date 10/13/2022
High 180.68
High Date 10/21/2025
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.