The Greedy Trader Weekly Analysis
Sign In May 22, 2026
Skip Navigation Links
Share
Number of records: 6
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Uptrend Support

Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

Archive
- 5/15/2026 -
Sign In to see current Signals.

Allegion (ALLE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line - Downtrend exhaustionRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldLane's Stochastic bullish divergenceTrend support at 128.83
Daily :Relative Strength Index and Williams' Percentage Range oversoldLane's Stochastic is strongly oversoldMACD bullish divergenceThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Allegion (ALLE). During the week, the ALLE dropped -8.72 points, or -6.49%, and closed at 125.65 on Friday, May 15, 2026. Weekly volume was 17% above average.

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 (128.83) 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 125.57 on May 15, 2026. ALLE lost 57.54 points, or 31.42%, in 13 weeks. The chart has formed a Rectangle chart pattern. The downtrend support line (139.72) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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. 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 downtrend had started on May 7, 2026 at 137.46 and reached 125.57 on May 15, 2026. ALLE lost 11.89 points, or 8.65%, in 8 days. Price is near the trend low.

Daily Technical Indicators: [See ALLE daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence.

The daily MACD line is below its signal line since April 28, 2026. This is an indication that the short-term trend is down.

The distance between the Bollinger Bands is 110.70% higher then one year average. It indicates the period of high volatility of the stock price. 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) 15.54
Oversold
Williams' Percentage Range (W%R) 85.30
Oversold
Lane's Stochastic (%D-Slow) 9.79
Strong Oversold
Greed/Fear Indicator (GFI) 13.32
Oversold
Moving Average Converg./Diverg. (MACD) -3.48 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 10.90
Oversold
Williams' Percentage Range (W%R) 94.00
Strong Oversold
Lane's Stochastic (%D-Slow) 13.29
Oversold Bullish
Greed/Fear Indicator (GFI) 17.99
Oversold
Moving Average Converg./Diverg. (MACD) -3.97 Bullish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 148.69
Upper Bollinger Band 148.65
50 Day Moving Average 141.84
Quarterly Trendline Support 139.72
Parabolic System 138.82
20 Day Moving Average 137.30
Yearly Trendline Support 128.83
Weekly Stochastic Crossing 128.71
Daily Stochastic Crossing 126.63
Price 125.65
Lower Bollinger Band 123.30
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Building Products 39
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 137.46
High Date 05/07/2026
Low 125.57
Low Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 137.46
High Date 05/07/2026
Low 125.57
Low Date 05/15/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 149.26
High Date 04/27/2026
Low 125.57
Low Date 05/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Rectangle
Status Broken Support
Resistance 148.69
Support 139.72
High 183.11
High Date 02/12/2026
Low 125.57
Low Date 05/15/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 188.93
Support 128.83
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.