Allegion plc
Long
Updated

ALLE Technical Analysis - Whats your thought on it???

39
Weekly (1W)

ALLE Resistance turned to support level

Daily (1D)

Post-markup pullback completed; price holding above EMA 100 & 200 → higher-timeframe trend intact

Range-bound re-accumulation (158–168) with absorption, not distribution

Volume expands on up days, contracts on dips → constructive structure

Hourly (1H)

Mini accumulation near 160–162, followed by SOS move to ~166

Pullbacks are shallow and holding above short EMAs → buyers in control

Recent candles show balance, not aggressive selling → continuation bias
Trade active
No entry as price didn,t brokeout abouve resistance

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