ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALSN - US01973R1014 - Common Stock
We assign a technical rating of 8 out of 10 to ALSN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALSN is only an average performer.
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
78.68
4 important support areas can be observed.
- Support @103.56 from a horizontal line in the daily time frame.
- A support zone ranging from 97.90 to 100.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.79 from a trend line in the weekly time frame.
- Support @79.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @119.65 from a horizontal 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 | 69.69 | NEUTRAL | ALSN is not amongst the best or worst performers 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) | 68.81 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ALSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.44 | NEUTRAL | The Stochastics value for ALSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 46.85 | POSITIVE | The high ADX value value for ALSN suggests a strong trend. |
104.25
+2.07 (+2.03%)
ALLISON TRANSMISSION HOLDING / ALSN FAQ
Can you provide the ChartMill technical rating for ALLISON TRANSMISSION HOLDING?
ChartMill assigns a technical rating of 8 / 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 68.8052. 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.