ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ALSN • US01973R1014
We assign a technical rating of 9 out of 10 to ALSN. Both in the recent history as in the last year, ALSN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- ALSN is currently trading near its 52 week high, which is a good sign. 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 103.28 - 116.15 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that ALSN is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- ALSN is an average performer in the Machinery industry, it outperforms 68% of 131 stocks in the same industry.
Although ALSN has an excellent technical rating, it does not offer a high quality setup 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
80.49
3 important support areas can be observed.
- A support zone ranging from 110.70 to 112.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @97.90 from a horizontal line in the daily time frame.
- Support @81.30 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 115.63 to 115.63. 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 | 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 | 83.63 | POSITIVE | ALSN has a high relative strength, it outperformed 83.63% 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) | 68.91 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALSN has a positive trend. |
| Stochastics (14,3) | 86.39 | OVERBOUGHT | The high Stochastics value suggests ALSN may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 53.71 | POSITIVE | The high ADX value value for ALSN suggests a strong trend. |
114.97
-0.66 (-0.57%)
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 68.9088. This indicates that the stock is currently neutral.
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.