ALLISON TRANSMISSION HOLDING (ALSN)
US01973R1014 - Common Stock
We assign a technical rating of 7 out of 10 to ALSN. In the last year, ALSN was one of the better performers, but we do observe some doubts in the very recent evolution.
ALSN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that ALSN is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, ALSN also shows a nice and consistent pattern of rising prices.
ALSN is one of the better performing stocks in the Machinery industry, it outperforms 89% of 132 stocks in the same industry.
ALSN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALSN is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ALSN has an excellent technical rating, but the quality of the setup is only medium 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
59.08
83.41
We found 4 important support areas.
- A support zone ranging from 73.55 to 74.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.19 from a trend line in the daily time frame.
- Support @60.95 from a trend line in the weekly time frame.
- Support @59.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.29 to 82.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.73
Mansfield1.06
10 Day High80.91
10 Day Low71.59
20 Day High82.71
20 Day Low71.59
52 Week High83.42
52 Week Low47.22
Performance
1 Week2.81%
2 Weeks-5.18%
1 Month-7.79%
3 Month22.56%
6 Month42.41%
12 Month58.17%
2 Year89%
3 Year78.73%
5 Year82.7%
10 Year144.17%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.58
RSI(14)43.7
LBB71.69
UBB81.74
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.75 | 73.54 | 2.21 (2.91%) | 25.00% |
| An entry @75.75. This is a Buy Stop order right above the 10 day moving average. | An exit @73.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.21 points, which is 2.91%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALSN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALLISON TRANSMISSION HOLDING
NYSE:ALSN (5/7/2024, 7:04:00 PM)
After market: 75.7 +0.08 (+0.11%)75.62
+0.78 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.04%
1 Week2.81%
2 Weeks-5.18%
1 Month-7.79%
3 Month22.56%
6 Month42.41%
12 Month58.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%2.84%
ATR Inc
Range Today1.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High80.91
10 Day Low71.59
20 Day High82.71
20 Day Low71.59
52 Week High83.42
52 Week Low47.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume822.30K
Volume Incr6.54%
Vol(5)761.44K
Vol(50)671.14K