How the (ALLE) price action is used to our Advantage
February 25, 2025, 17:40 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ALLE
- Buy ALLE near 127.37 target 137.92 stop loss @ 127 Details
The technical summary data tells us to buy ALLE near 127.37 with an upside target of 137.92. This data also tells us to set a stop loss @ 127 to protect against excessive loss in case the stock begins to move against the trade. 127.37 is the first level of support below 129.89 , and by rule, any test of support is a buy signal. In this case, support 127.37 would be being tested, so a buy signal would exist.
- Short ALLE slightly under 137.92, target 127.37, stop loss @ 138.32 Details
The technical summary data is suggesting a short of ALLE as it gets near 137.92 with a downside target of 127.37. We should have a stop loss in place at 138.32though. 137.92 is the first level of resistance above 129.89, and by rule, any test of resistance is a short signal. In this case, if resistance 137.92 is being tested, so a short signal would exist.
Swing Trading Plans for ALLE
- Buy ALLE slightly over 130.13, target 137.92, Stop Loss @ 129.75 Details
If 130.13 begins to break higher, the technical summary data tells us to buy ALLE just slightly over 130.13, with an upside target of 137.92. The data also tells us to set a stop loss @ 129.75 in case the stock turns against the trade. 130.13 is the first level of resistance above 129.89, and by rule, any break above resistance is a buy signal. In this case, 130.13, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ALLE slightly near 130.13, target 127.37, Stop Loss @ 130.51. Details
The technical summary data is suggesting a short of ALLE if it tests 130.13 with a downside target of 127.37. We should have a stop loss in place at 130.51 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 130.13, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ALLE
- Buy ALLE slightly over 130.13, target 137.92, Stop Loss @ 129.83 Details
If 130.13 begins to break higher, the technical summary data tells us to buy ALLE just slightly over 130.13, with an upside target of 137.92. The data also tells us to set a stop loss @ 129.83 in case the stock turns against the trade. 130.13 is the first level of resistance above 129.89, and by rule, any break above resistance is a buy signal. In this case, 130.13, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ALLE slightly near 130.13, target 129.07, Stop Loss @ 130.43. Details
The technical summary data is suggesting a short of ALLE if it tests 130.13 with a downside target of 129.07. We should have a stop loss in place at 130.43 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 130.13, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Allegion Plc (ALLE) available here: ALLE.
ALLE Ratings for February 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
127.37 |
| P2 |
126.5 |
124.99 |
137.92 |
| P3 |
129.07 |
130.13 |
148.85 |
AI Generated Signals for ALLE
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Allegion Plc (NASDAQ: ALLE) data table below can help you with price action, and we have more details too. Trading plans for ALLE are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ALLE:
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