ALLY FINANCIAL INC (ALLY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ALLY • US02005N1000
We assign a technical rating of 3 out of 10 to ALLY. 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.
- ALLY is part of the Consumer Finance industry. There are 54 other stocks in this industry. ALLY outperforms 81% of them.
- ALLY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALLY is lagging the market slightly.
- ALLY has an average volume of 3366090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, ALLY outperforms 66% of them, which is more or less in line with the market.
- In the last month ALLY has a been trading in the 39.70 - 46.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ALLY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 42.34. Right above this resistance zone may be a good entry point.
More info and screens
35.66
We found 5 important support areas.
- Support @41.87 from a trend line in the daily time frame.
- Support @40.58 from a trend line in the weekly time frame.
- Support @39.48 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.34 to 43.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.07 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ALLY is neutral. |
| ChartMill Relative Strength | 66.21 | 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) | 43.44 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ALLY has a negative trend. |
| Stochastics (14,3) | 60.93 | NEUTRAL | The Stochastics value for ALLY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for ALLY suggests a strong trend. |
42.13
-1.21 (-2.79%)
ALLY FINANCIAL INC / ALLY FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 3 / 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 43.4406. 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 -0.0508904, indicating a bearish trend.