The Greedy Trader Weekly Analysis
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- 7/17/2026 -
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Allegion (ALLE) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Broken trend resistance lineThe price has risen above the Parabolic SAR
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It was a first positive week for the Allegion (ALLE). During the week, the ALLE climbed 0.61 points, or 0.45%, and closed at 137.24 on Friday, July 17, 2026. Weekly volume was 12% above average.

ALLE is a member of Industrials Sector. Industrials is the second 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 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 130.83 and resistance is at 192.51. 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 (108.19) 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 technical indicators are neutral.

The weekly MACD line is above its signal line since July 2, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 July 1, 2026 at 142.01 and reached 132.84 on July 9, 2026. ALLE lost 9.17 points, or 6.46%, in 8 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (136.86) 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 technical indicators are neutral.

The daily MACD line is below its signal line since July 9, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.45
Williams' Percentage Range (W%R) 22.20
Lane's Stochastic (%D-Slow) 47.24
Greed/Fear Indicator (GFI) 55.82
Moving Average Converg./Diverg. (MACD) 1.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.34
Williams' Percentage Range (W%R) 63.20
Lane's Stochastic (%D-Slow) 56.46
Greed/Fear Indicator (GFI) 46.78
Moving Average Converg./Diverg. (MACD) -6.67
Trading Signals
Description Value Chart
Monthly Trendline Resistance 145.39
Upper Bollinger Band 142.80
Price 137.24
Daily Stochastic Crossing 137.24
Weekly Trendline Support 136.86
20 Day Moving Average 136.81
Weekly Trendline Resistance 135.80
Weekly Stochastic Crossing 135.55
50 Day Moving Average 133.36
Parabolic System 133.07
Monthly Trendline Support 131.32
Yearly Trendline Support 130.83
Lower Bollinger Band 130.02
Quarterly Trendline Resistance 111.35
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Building Products 55
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 134.85
Low Date 07/14/2026
High 141.73
High Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 135.80
Support 136.86
High 142.01
High Date 07/01/2026
Low 132.84
Low Date 07/09/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 145.39
Support 131.32
Low 125.00
Low Date 05/20/2026
High 142.01
High Date 07/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 111.35
Support 108.19
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 Valid
Resistance 192.51
Support 130.83
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.