The best indicator for Allegion (ALLE)
We backtested 20 indicators across daily, weekly and hourly charts on real Allegion (ALLE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic
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 1.2% CAGR.
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 | Stochastic ✓ | Daily | 10.5% | 0.69 | -42.2% | 73.0% | 63 | 1.2% |
| 2 | Williams %R ✓ | Daily | 9.7% | 0.64 | -43.3% | 72.9% | 85 | 0.4% |
| 3 | CCI ✓ | Weekly | 9.5% | 0.64 | -33.4% | 81.2% | 16 | -0.6% |
| 4 | WaveTrend (8/6/4) ✓ | Weekly | 9.3% | 0.61 | -27.4% | 76.9% | 13 | -0.8% |
| 5 | Donchian Breakout ✓ | Daily | 6.5% | 0.49 | -40.0% | 47.6% | 42 | -2.8% |
| 6 | Holy Grail Confluence ✓ | Daily | 6.3% | 0.46 | -36.6% | 77.8% | 18 | -3.0% |
| 7 | Money Flow Index ✓ | Daily | 9.7% | 0.56 | -34.2% | 83.3% | 12 | 0.4% |
| 8 | Williams %R ✓ | Weekly | 6.7% | 0.43 | -33.0% | 78.9% | 19 | -3.5% |
| 9 | Bollinger Breakout ✓ | Daily | 4.8% | 0.41 | -26.4% | 46.3% | 54 | -4.6% |
| 10 | Bollinger Mean-Reversion ✓ | Weekly | 6.6% | 0.55 | -28.8% | 81.8% | 11 | -3.6% |
| 11 | WaveTrend (8/6/4) ✓ | Daily | 5.4% | 0.37 | -39.3% | 65.9% | 44 | -3.9% |
| 12 | Stochastic ✓ | Weekly | 5.6% | 0.41 | -33.0% | 76.9% | 13 | -4.5% |
| 13 | CCI ✓ | Daily | 4.3% | 0.32 | -40.6% | 69.2% | 65 | -5.1% |
| 14 | Bollinger Mean-Reversion ✓ | Daily | 3.3% | 0.3 | -44.3% | 67.9% | 53 | -6.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Allegion (ALLE), Stochastic 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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