The best indicator for Allegion (ALLE)
We backtested 382 indicators across daily, weekly and hourly charts on real Allegion (ALLE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Allegion (ALLE) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Williams %R
On the daily chart, this is the strongest risk-adjusted edge we found for Allegion (ALLE) over ~12.5 years — beating buy-and-hold by 0.4% CAGR.
Allegion (ALLE) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Allegion (ALLE) — trailing buy-and-hold by 4.7% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Williams %R ✓ | Daily | 9.7% | 0.64 | -43.3% | 72.9% | 85 | 0.4% |
| 2 | Chandelier Exit ✓ | Daily | 11.7% | 0.64 | -41.7% | 37.3% | 102 | 2.4% |
| 3 | CCI ✓ | Weekly | 9.5% | 0.64 | -33.4% | 81.2% | 16 | -0.6% |
| 4 | Connors RSI-2 ✓ | Weekly | 8.2% | 0.6 | -32.5% | 71.0% | 31 | -1.9% |
| 5 | Camarilla Pivots ✓ | Weekly | 8.4% | 0.59 | -35.3% | 51.1% | 135 | -1.8% |
| 6 | Connors RSI ✓ | Daily | 6.6% | 0.54 | -29.4% | 61.1% | 149 | -2.7% |
| 7 | Fibonacci Pivots ✓ | Weekly | 7.3% | 0.54 | -38.6% | 51.5% | 103 | -2.8% |
| 8 | WaveTrend (8/6/4) ✓ | Weekly | 9.3% | 0.61 | -27.4% | 76.9% | 13 | -0.8% |
| 9 | Stochastic ✓ | Daily | 7.7% | 0.51 | -37.8% | 61.3% | 62 | -1.6% |
| 10 | MA Envelope ✓ | Weekly | 7.5% | 0.5 | -30.9% | 66.7% | 30 | -2.6% |
| 11 | Donchian Breakout ✓ | Daily | 6.5% | 0.49 | -40.0% | 47.6% | 42 | -2.8% |
| 12 | Pivot Points (Standard) ✓ | Weekly | 6.0% | 0.47 | -38.6% | 52.8% | 89 | -4.2% |
| 13 | Stochastic ✓ | Weekly | 8.4% | 0.58 | -33.0% | 83.3% | 12 | -1.7% |
| 14 | Holy Grail Confluence ✓ | Daily | 6.3% | 0.46 | -36.6% | 77.8% | 18 | -3.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Allegion (ALLE)
68 of 495 tested setups beat buy-and-hold on Allegion (ALLE) outright. Another 189 could get there with leverage they would survive — but 56 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 2 | none needed | 3.59× |
| Elder Ray (Bull/Bear Power) | 1 | 3.56× | 6.61× |
| Markov Regime (Confirmed) | 1 | 1.74× | 4.82× |
| Zero-Lag LSMA | 1 | 2.04× | 4.05× |
| Chandelier Exit | 1 | 3.29× | 4.28× |
| DEMA 100 Trend | 1 | 4.43× | 5.37× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Allegion (ALLE), Williams %R on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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