ALLY FINANCIAL INC (ALLY) Technical Analysis
NYSE:ALLY • US02005N1000
Current stock price
ALLY Technical Rating and Analysis
Overall ALLY gets a technical rating of 4 out of 10. In the past year, ALLY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- ALLY is one of the better performing stocks in the Consumer Finance industry, it outperforms 79% of 54 stocks in the same industry.
- In the last month ALLY has a been trading in the 35.92 - 40.41 range, which is quite wide. It is currently trading near the high of this range.
- ALLY has an average volume of 3837740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ALLY turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- ALLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALLY is lagging the market slightly.
ALLY Weekly and Daily overview Charts
ALLY Setup Rating and Analysis
Although the technical rating is only medium, ALLY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.20, a Stop Loss order could be placed below this zone.
More info and screens
ALLY Support and Resistance Analysis
35.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 38.25 to 39.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.95 to 37.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @40.33 from a horizontal line in the daily time frame.
ALLY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ALLY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALLY is up. |
| ChartMill Relative Strength | 56.6 | NEUTRAL | ALLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALLY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALLY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.32 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ALLY has a positive trend. |
| Stochastics (14,3) | 91.55 | OVERBOUGHT | The high Stochastics value suggests ALLY may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.61 | NEUTRAL | The ADX value for ALLY suggests a possible start of a new trend. |
ALLY Chart- and CandleStick Pattern Analysis
ALLY Technicals: Chart, Performance Metrics, Trend & Indicators
40.32
+0.48 (+1.2%)
ALLY FINANCIAL INC / ALLY TA FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 4 / 10 to ALLY.
What is the current trend direction of ALLY FINANCIAL INC (ALLY) stock?
The current trend direction for ALLY FINANCIAL INC (ALLY) is Bearish.
What is the RSI signal for ALLY stock?
ALLY FINANCIAL INC (ALLY) has an RSI value of 57.3219. This indicates that the stock is currently neutral.
What is the short term momentum for ALLY FINANCIAL INC (ALLY) stock?
The short term momentum for ALLY FINANCIAL INC (ALLY) is positive.
Can you provide the support and resistance levels for ALLY FINANCIAL INC?
ALLY FINANCIAL INC (ALLY) has a support level at 39.2 and a resistance level at 40.33. Check the full technical report for our detailed analysis of ALLY support and resistance levels.