On Monday, Allegion received an upgrade to its Relative Strength (RS) Rating, from 69 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the top-performing stocks often have an RS Rating of over 80 in the early stages of their moves. See if Allegion can continue to show renewed price strength and clear that threshold.
Allegion is working on a cup with handle with a 145.94 entry. See if the stock can break out in heavy volume.
The company showed 20% EPS growth in its most recent report. Revenue gains came in at 5%.
Allegion holds the No. 8 rank among its peers in the Security/Safety industry group. Axon Enterprise, Byrna Technologies and APi Group are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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