Allegion stock had its Relative Strength (RS) Rating upgraded from 64 to 73 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating of above 80 as they launch their largest price moves. See if Allegion stock can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Is Allegion Stock A Buy?
Allegion stock is trying to complete a consolidation with a 136.91 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings grew 11% last quarter, up from -2% in the prior report. Revenue also increased, from -3% to 6%.
Allegion stock earns the No. 7 rank among its peers in the Security/Safety industry group. NAPCO Security Techs, Arlo Technologies and Federal Signal are among the top 5 highly rated stocks within the group.
