ALLY FINANCIAL INC (ALLY)
US02005N1000 - Common Stock
We assign a technical rating of 8 out of 10 to ALLY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALLY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ALLY is part of the Consumer Finance industry. There are 51 other stocks in this industry. ALLY outperforms 72% of them.
ALLY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALLY is performing more or less in line with the market.
ALLY has an average volume of 3717420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ALLY did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month ALLY has a been trading in the 35.62 - 40.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ALLY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 40.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.54, a Stop Loss order could be placed below this zone.
More info and screens
24.29
41.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.74 to 38.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.95 from a horizontal line in the daily time frame.
- Support @35.34 from a horizontal line in the daily time frame.
- Support @24.54 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.60 to 40.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.05
Mansfield1.65
10 Day High40.28
10 Day Low35.62
20 Day High40.71
20 Day Low35.62
52 Week High41.56
52 Week Low22.54
Performance
1 Week1.11%
2 Weeks3%
1 Month-1.68%
3 Month4.04%
6 Month66.34%
12 Month48.37%
2 Year-2.05%
3 Year-23.93%
5 Year31.74%
10 Year62.07%
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)0.14
RSI(14)54.88
LBB35.74
UBB40.8
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.62 | 36.73 | 3.89 (9.58%) | 10.44% |
| An entry @40.62. This is a Buy Stop order right above the resistance zone. | An exit @36.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.89 points, which is 9.58%. | When investing 10.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ALLY FINANCIAL INC
NYSE:ALLY (4/25/2024, 5:30:00 PM)
After market: 39.12 -0.02 (-0.05%)39.14
-0.62 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.56%
1 Week1.11%
2 Weeks3%
1 Month-1.68%
3 Month4.04%
6 Month66.34%
12 Month48.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.25
ATR(20)%3.05%
ATR Inc
Range Today1.22
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 High40.28
10 Day Low35.62
20 Day High40.71
20 Day Low35.62
52 Week High41.56
52 Week Low22.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.02M
Volume Incr28.38%
Vol(5)4.43M
Vol(50)3.72M