ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
USA - NYSE:ALSN - US01973R1014 - Common Stock
83.25 USD
+0.96 (+1.17%)
83.25 USD
0 (0%)
Taking everything into account, ALSN scores 0 out of 10 in our technical rating. ALSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than ALSN.
ALSN is part of the Machinery industry. There are 130 other stocks in this industry, of which 67% are performing better than ALSN.
ALSN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ALSN has a been trading in the 79.35 - 87.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALSN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 84.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.19, a Stop Loss order could be placed below this zone.
More info and screens
78.68
92.16
2 important support areas can be observed.
- A support zone ranging from 81.74 to 83.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.47 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @84.43 from a trend line in the daily time frame.
- A resistance zone ranging from 86.18 to 87.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 90.02 to 91.25. 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 | DOWN | NEGATIVE | The long term trend for ALSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALSN is down. |
| ChartMill Relative Strength | 18.19 | NEGATIVE | ALSN has a low relative strength, it was outperformed by 81.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALSN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.21 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ALSN has a positive trend. |
| Stochastics (14,3) | 40.63 | NEUTRAL | The Stochastics value for ALSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for ALSN 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)
83.25
+0.96 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.17%
1 Week1.86%
2 Weeks2.75%
1 Month-2.44%
3 Month-6.92%
6 Month-9.3%
12 Month-15.47%
2 Year65.11%
3 Year97.04%
5 Year130.29%
10 Year190.07%
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%2.33%
ATR Inc-14.93%
Range Today1.7
ADR(20)1.89
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.19
3 months CRS20.35
6 months CRS13.93
Mansfield-2.49
10 Day High83.91
10 Day Low79.35
20 Day High87.66
20 Day Low79.35
52 Week High122.53
52 Week Low79.35
CS1 End83.19
CR1 Start84.43
Volume & EV
DER(3)1.69%
DER(5)1.67%
Volume720.80K
Volume Incr-18.65%
Vol(5)706.05K
Vol(50)861.27K