ALLY FINANCIAL INC (ALLY) Stock Technical Analysis
NYSE:ALLY - New York Stock Exchange, Inc. - US02005N1000 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ALLY. ALLY has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ALLY is part of the Consumer Finance industry. There are 52 other stocks in this industry, of which 74% are performing better than ALLY.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ALLY has a been trading in the 32.50 - 36.98 range, which is quite wide. It is currently trading near the high of this range.
ALLY has an average volume of 4581500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 45% of all stocks.
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.
ALLY has an average technical rating and also the quality of the setup is 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
31.30
40.50
We found 4 important support areas.
- A support zone ranging from 35.11 to 35.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.57 to 33.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.47 from a trend line in the weekly time frame.
- Support @31.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.98 to 40.10. 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 | 45.84 | 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) | DOWN | MIXED | The current price of ALLY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.28 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ALLY has a positive trend. |
| Stochastics (14,3) | 95.5 | OVERBOUGHT | The high Stochastics value suggests ALLY may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for ALLY suggests a weak or negative 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)
36.79
+0.19 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.52%
1 Week3.14%
2 Weeks5.78%
1 Month1.07%
3 Month7.95%
6 Month-2.36%
12 Month-5.13%
2 Year36.21%
3 Year9.79%
5 Year85.53%
10 Year64.02%
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.36%
ATR Inc-30.58%
Range Today0.61
ADR(20)0.8
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.84
Mansfield-0.58
10 Day High36.98
10 Day Low34.3
20 Day High36.98
20 Day Low32.5
52 Week High45.46
52 Week Low29.52
CS1 End35.63
CR1 Start39.98
Volume & EV
DER(3)1.94%
DER(5)1.71%
Volume3.14M
Volume Incr-13.7%
Vol(5)3.71M
Vol(50)4.58M