ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
NYSE:ALSN • US01973R1014
We assign a technical rating of 9 out of 10 to ALSN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALSN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALSN is part of the Machinery industry. There are 130 other stocks in this industry. ALSN outperforms 75% of them.
- ALSN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ALSN has a been trading in the 108.50 - 126.31 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ALSN did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Although ALSN has an excellent technical rating, it does not present a decent entry opportunity 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
80.69
3 important support areas can be observed.
- A support zone ranging from 119.88 to 120.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 108.70 to 109.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.51 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for ALSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALSN is up. |
| ChartMill Relative Strength | 85.95 | POSITIVE | ALSN has a high relative strength, it outperformed 85.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.88 | OVERBOUGHT | The high RSI value suggests ALSN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests ALSN has a positive trend. |
| Stochastics (14,3) | 87.63 | OVERBOUGHT | The high Stochastics value suggests ALSN may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 53.75 | POSITIVE | The high ADX value value for ALSN suggests a strong trend. |
125.3
+0.49 (+0.39%)
ALLISON TRANSMISSION HOLDING / ALSN FAQ
Can you provide the ChartMill technical rating for ALLISON TRANSMISSION HOLDING?
ChartMill assigns a technical rating of 9 / 10 to ALSN.
What is the current trend direction of ALLISON TRANSMISSION HOLDING (ALSN) stock?
The current trend direction for ALLISON TRANSMISSION HOLDING (ALSN) is Bullish.
What is the RSI signal for ALSN stock?
ALLISON TRANSMISSION HOLDING (ALSN) has an RSI value of 76.8786. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ALLISON TRANSMISSION HOLDING?
The short term momentum for ALLISON TRANSMISSION HOLDING (ALSN) is positive.
Can you provide the buy/sell signal for ALLISON TRANSMISSION HOLDING?
The buy/sell signal for ALLISON TRANSMISSION HOLDING (ALSN) is buy as both the short term and long term trends are positive.