ALLY FINANCIAL INC (ALLY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALLY - US02005N1000 - Common Stock
Overall ALLY gets a technical rating of 5 out of 10. In the last year, ALLY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ALLY has an average technical rating and it also does not offer a high quality setup 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.
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35.66
We found 5 important support areas.
- A support zone ranging from 39.51 to 39.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.67 from a trend line in the weekly time frame.
- Support @37.92 from a trend line in the daily time frame.
- A support zone ranging from 36.95 to 37.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.99 to 44.59. This zone is formed by a combination of multiple trend lines 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 | 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 | 59.7 | 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 | POSITIVE | The current price of ALLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.57 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests ALLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.66 | OVERBOUGHT | The high Stochastics value suggests ALLY may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for ALLY suggests a weak or negative trend. |
41.18
-0.26 (-0.63%)
ALLY FINANCIAL INC / ALLY FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 5 / 10 to ALLY.
What is the trend direction for 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 58.5662. This indicates that the stock is currently neutral.
What is the MACD signal for ALLY stock?
The MACD indicator for ALLY FINANCIAL INC (ALLY) has a value of 0.350842, indicating a bearish trend.
What is the short term momentum for ALLY stock?
The short term momentum for ALLY FINANCIAL INC (ALLY) is positive.