ALLY FINANCIAL INC (ALLY) Technical Analysis
NYSE:ALLY • US02005N1000
Taking everything into account, ALLY scores 0 out of 10 in our technical rating. ALLY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ALLY is a bad performer in the overall market: 67% of all stocks are doing better.
- In the last month ALLY has a been trading in the 36.56 - 42.91 range, which is quite wide. It is currently trading near the lows of this range.
- ALLY has an average volume of 3643670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ALLY is an average performer in the Consumer Finance industry, it outperforms 58% of 54 stocks in the same industry.
- 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 has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.66
3 important support areas can be observed.
- A support zone ranging from 38.06 to 38.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.95 from a horizontal line in the daily time frame.
- Support @36.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.75 to 41.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.32 to 43.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 33.18 | 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) | 36.54 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ALLY has a negative trend. |
| Stochastics (14,3) | 27.47 | NEUTRAL | The Stochastics value for ALLY is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 34.54 | POSITIVE | The high ADX value value for ALLY suggests a strong trend. |
ALLY Technicals: Chart, Performance Metrics, Trend & Indicators
38.44
+0.37 (+0.97%)
ALLY FINANCIAL INC / ALLY FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 0 / 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 36.5441. 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 -0.201133, 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.