Is Allegion Plc technically bullish or bearish?

Jun 25 2025 08:44 AM IST
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As of June 17, 2025, the trend has shifted to mildly bullish due to positive weekly indicators, but caution is advised due to mixed monthly signals and lingering bearish trends.
As of 17 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands. Daily moving averages also indicate a bullish trend. However, the monthly MACD and KST remain mildly bearish, which tempers the overall bullish sentiment. The Dow Theory shows a mixed signal with a mildly bearish weekly outlook but a mildly bullish monthly perspective. Overall, while there are positive indicators, the presence of bearish signals in the monthly data suggests caution.
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