ALLY FINANCIAL INC (ALLY) Stock Technical Analysis
NYSE:ALLY • US02005N1000
Overall ALLY gets a technical rating of 1 out of 10. 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.
- In the last month ALLY has a been trading in the 37.85 - 43.66 range, which is quite wide. It is currently trading near the lows of this range.
- ALLY is part of the Consumer Finance industry. There are 54 other stocks in this industry. ALLY outperforms 73% of them.
- ALLY has an average volume of 3528130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.74, a Stop Loss order could be placed below this zone.
More info and screens
35.66
We found 4 important support areas.
- A support zone ranging from 39.43 to 39.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.07 from a trend line in the daily time frame.
- A support zone ranging from 36.95 to 36.95. 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 40.91 to 42.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.22 to 43.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ALLY is down. |
| ChartMill Relative Strength | 51.69 | 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) | 40.42 | NEUTRAL | The RSI value for ALLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ALLY has a negative trend. |
| Stochastics (14,3) | 31.28 | NEUTRAL | The Stochastics value for ALLY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.72 | POSITIVE | The high ADX value value for ALLY suggests a strong trend. |
39.88
+0.13 (+0.33%)
ALLY FINANCIAL INC / ALLY FAQ
What is the technical rating for ALLY stock?
ChartMill assigns a technical rating of 1 / 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 40.4181. 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 -0.112099, indicating a bearish trend.