ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
NYSE:ALSN - New York Stock Exchange, Inc. - US01973R1014 - Common Stock - Currency: USD
Overall ALSN gets a technical rating of 1 out of 10. ALSN 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 ALSN has a been trading in the 90.28 - 101.91 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, ALSN outperforms 58% of them, which is more or less in line with the market.
ALSN is part of the Machinery industry. There are 128 other stocks in this industry, ALSN did better than 48% of them.
ALSN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALSN is lagging the market.
The technical rating of ALSN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
83.57
101.20
When analyzing the support we can see 2 important areas.
- Support @85.94 from a horizontal line in the weekly time frame.
- Support @84.41 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @92.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 94.97 to 100.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 ALSN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALSN is down. |
| ChartMill Relative Strength | 58.94 | NEUTRAL | ALSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALSN is below 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) | UP | MIXED | The current price of ALSN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.57 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ALSN has a negative trend. |
| Stochastics (14,3) | 39.95 | NEUTRAL | The Stochastics value for ALSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.26 | 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)
91.53
-3.98 (-4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.17%
1 Week-6.54%
2 Weeks-2.74%
1 Month-10.54%
3 Month3.05%
6 Month-15.97%
12 Month18.15%
2 Year55.96%
3 Year118.61%
5 Year145%
10 Year213.67%
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%2.84%
ATR Inc34.7%
Range Today3.34
ADR(20)2.51
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.94
Mansfield-1.55
10 Day High99.5
10 Day Low91.51
20 Day High101.91
20 Day Low90.28
52 Week High122.53
52 Week Low77.39
CS1 End85.94
CR1 Start92.3
Volume & EV
DER(3)2.29%
DER(5)0.82%
Volume924.90K
Volume Incr-10.8%
Vol(5)746.10K
Vol(50)739.78K