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]


Trading Oracle: Trade a debit spread using Helium Long Volatility strategies to capitalize on expected volatility. Target ALLE 120/125 calls expiring in 90 days for a potential bullish rebound. Consider 2:1 reward-risk ratio.


July 07, 2024


Allegion Forecast

ALLE      Allegion











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Assets that tend to move strongly against ALLE



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SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.9)





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