ALLY FINANCIAL INC (ALLY) Stock Technical Analysis
USA - NYSE:ALLY - US02005N1000 - Common Stock
39.2 USD
-0.66 (-1.66%)
39.0805 USD
-0.12 (-0.3%)
We assign a technical rating of 3 out of 10 to ALLY. In the last year, ALLY was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month ALLY has a been trading in the 38.33 - 44.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ALLY has an average volume of 3075610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 51% of all stocks.
ALLY is an average performer in the Consumer Finance industry, it outperforms 40% of 55 stocks in the same industry.
ALLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALLY is lagging the market.
The technical rating of ALLY is bad and it also does not present a 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.
More info and screens
35.66
45.04
We found 4 important support areas.
- Support @39.19 from a horizontal line in the weekly time frame.
- Support @37.88 from a trend line in the daily time frame.
- Support @36.94 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 39.52 to 40.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.22 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 | DOWN | NEGATIVE | The short term trend for ALLY is down. |
| ChartMill Relative Strength | 51.14 | 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) | UP | MIXED | The current price of ALLY is below the rising 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) | 35.06 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests ALLY has a negative trend. |
| Stochastics (14,3) | 10.02 | OVERSOLD | The low Stochastics value suggests ALLY may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.25 | POSITIVE | The high ADX value value for ALLY suggests a strong trend. |
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)
39.2
-0.66 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.66%
1 Week-8.15%
2 Weeks-9.47%
1 Month-3.83%
3 Month-4.88%
6 Month22.04%
12 Month11.62%
2 Year46.93%
3 Year40.86%
5 Year56.36%
10 Year92.35%
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%2.77%
ATR Inc51.11%
Range Today2.15
ADR(20)1.03
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.14
Mansfield-0.49
10 Day High44.83
10 Day Low38.33
20 Day High44.83
20 Day Low38.33
52 Week High44.83
52 Week Low29.52
CS1 End39.19
CR1 Start39.52
Volume & EV
DER(3)0.73%
DER(5)1.89%
Volume5.67M
Volume Incr51.98%
Vol(5)4.58M
Vol(50)3.08M