ALLISON TRANSMISSION HOLDING (ALSN)

US01973R1014 - Common Stock

75.14  -0.19 (-0.25%)

After market: 75.14 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, ALSN scores 6 out of 10 in our technical rating. In the last year, ALSN was one of the better performers, but we do observe some doubts in the very recent evolution.

Looking at the yearly performance, ALSN did better than 87% of all other stocks. We also observe that the gains produced by ALSN over the past year are nicely spread over this period.
ALSN is one of the better performing stocks in the Machinery industry, it outperforms 79% of 132 stocks in the same industry.
ALSN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALSN is lagging the market slightly.
In the last month ALSN has a been trading in the 71.59 - 80.91 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
ALSN Weekly chart
ALSN Daily chart
Setup Rating and Analysis

7

ALSN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 74.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

60.67

83.41

3 important support areas can be observed.

  • A support zone ranging from 73.55 to 74.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @65.04 from a trend line in the daily time frame.
  • Support @61.28 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 75.59 to 76.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 77.40 to 77.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 82.29 to 82.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.48
Mansfield0.69
10 Day High77.3
10 Day Low74.12
20 Day High80.91
20 Day Low71.59
52 Week High83.42
52 Week Low47.22
Performance
1 Week-1.8%
2 Weeks1.46%
1 Month-4.15%
3 Month6.48%
6 Month38.58%
12 Month52.29%
2 Year87.8%
3 Year77.59%
5 Year81.54%
10 Year142.62%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)43.69
LBB73.28
UBB77
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
76.0974.111.98 (2.60%)25.00%
An entry @76.09. This is a Buy Stop order right above the resistance zone.An exit @74.11. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.98 points, which is 2.60%.For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ALSN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALSN Daily chart

ALLISON TRANSMISSION HOLDING

NYSE:ALSN (5/17/2024, 7:04:00 PM)

After market: 75.14 0 (0%)

75.14

-0.19 (-0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.25%
1 Week-1.8%
2 Weeks1.46%
1 Month-4.15%
3 Month6.48%
6 Month38.58%
12 Month52.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%2.51%
ATR Inc
Range Today0.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High77.3
10 Day Low74.12
20 Day High80.91
20 Day Low71.59
52 Week High83.42
52 Week Low47.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume522.00K
Volume Incr-30.34%
Vol(5)540.00K
Vol(50)642.56K