ALLY FINANCIAL INC (ALLY) Technical Analysis
NYSE:ALLY • US02005N1000
Current stock price
ALLY Technical Rating and Analysis
Overall ALLY gets a technical rating of 1 out of 10. ALLY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month ALLY has a been trading in the 35.92 - 40.62 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.
- ALLY has an average volume of 4092030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ALLY outperforms 43% of them, which is more or less in line with the market.
- ALLY is part of the Consumer Finance industry. There are 54 other stocks in this industry, ALLY did better than 64% of them.
- 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 bad, ALLY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 36.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALLY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ALLY Support and Resistance Analysis
35.59
When analyzing the support we notice one important area.
- A support zone ranging from 35.95 to 36.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 38.21 to 39.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for ALLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLY is down. |
| ChartMill Relative Strength | 43.54 | NEUTRAL | ALLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLY is below 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) | 42.69 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests ALLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.69 | NEUTRAL | The Stochastics value for ALLY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.42 | POSITIVE | The high ADX value value for ALLY suggests a strong trend. |
ALLY Chart- and CandleStick Pattern Analysis
ALLY Technicals: Chart, Performance Metrics, Trend & Indicators
37.91
+0.12 (+0.32%)
ALLY FINANCIAL INC / ALLY TA FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for ALLY FINANCIAL INC?
ALLY FINANCIAL INC (ALLY) has an RSI value of 42.6945. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALLY FINANCIAL INC?
The MACD indicator for ALLY FINANCIAL INC (ALLY) has a value of 0.216401, indicating a bearish trend.
Can you provide the buy/sell signal for ALLY FINANCIAL INC?
The buy/sell signal for ALLY FINANCIAL INC (ALLY) is sell as both the short term and long term trends are negative.