ALLE Forecast


Bullish Case: ALLE's strong fundamentals, recent credit facility increase, and solid long-term strategy suggest potential for upside recovery. The AI forecast showing 26% more bullish risk supports this. [Yahoo][Allegion Completes E]


Bearish Case: Recent price declines, high valuations, and insider selling indicate potential downside. Short-term volatility and macroeconomic uncertainties contribute to this bearish outlook. [Helium][Yahoo]


Potential Outcomes: Continued trading range around current levels with 45% probability. Recovery to previous highs with 30% probability. Further decline of 10-15% with 25% probability. [Helium][Helium][Helium]


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July 07, 2024


Allegion Forecast

ALLE      Allegion











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Uncorrelated Assets

Assets with little price relationship to ALLE



BERY Forecast + Options Trading Strategies   BERY  Berry (0.0)


PAAS Forecast + Options Trading Strategies   PAAS  Pan American Silver (-0.0)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.0)


SBAC Forecast + Options Trading Strategies   SBAC  SBA Communications (-0.01)


ES Forecast + Options Trading Strategies   ES  Eversource Energy (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ALLE



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.83)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.84)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.85)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.86)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.88)





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