What chart pattern is ChartPattern.io tracking on Allegion?
ChartPattern.io is currently tracking Double Bottom on Allegion in the Industrials stock. Secondary context includes Double Bottom.
Live Industrials stock scanner page for Allegion. Review the double bottom setup, chart structure, and trade levels in one place.
Technical analysis of Allegion (ALLE) reveals a significant setup. Currently at $153.35, the asset is showing upward momentum (1.38%). The primary technical feature is a Double Bottom formation. Volume is average (0.8x avg) with moderate trend strength (36.8). A potential breakout level is identified at $170.87, targeting $191.05 with support near $160.78 (R:R 2.0).
ALLE is part of the Industrials stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $170.87, a stop around $160.78, and a target near $191.05.
Double Bottom
58/100 CP Index
Entry $170.87 · Stop $160.78 · Target $191.05
A key Double Bottom has formed on ALLE. Analyze the breakout level now.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
What is your outlook on ALLE?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on ALLE.
ChartPattern.io is currently tracking Double Bottom on Allegion in the Industrials stock. Secondary context includes Double Bottom.
The current trade plan points to an entry near $170.87, a stop near $160.78, and a target near $191.05.
Allegion currently leans neutral. The page is showing a CP Index of 58/100, which helps summarize the current technical setup.