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. Although ALSN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ALSN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 100.93. Right above this resistance zone may be a good entry point.
More info and screens
78.68
We found 2 important support areas.
- A support zone ranging from 99.72 to 99.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.47 to 80.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.93 to 100.93. 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 | 54.47 | 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) | 69.13 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ALSN has a negative trend. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests ALSN may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 47.19 | POSITIVE | The high ADX value value for ALSN suggests a strong trend. |
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 |
|---|---|---|---|
| 100.94 | 99.71 | 1.23 (1.22%) | 25.00% |
| An entry @100.94. This is a Buy Stop order right above the resistance zone. | An exit @99.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.23 points, which is 1.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- 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.
99.85
-1.08 (-1.07%)
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.
Can you provide the trend direction for ALLISON TRANSMISSION HOLDING?
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 69.1306. This indicates that the stock is currently neutral.
What is the MACD signal for ALLISON TRANSMISSION HOLDING (ALSN) stock?
The MACD indicator for ALLISON TRANSMISSION HOLDING (ALSN) has a value of -0.116255, indicating a bearish trend.
What are the support and resistance levels for ALLISON TRANSMISSION HOLDING (ALSN) stock?
ALLISON TRANSMISSION HOLDING (ALSN) has a support level at 99.84 and a resistance level at 100.93. Check the full technical report for our detailed analysis of ALSN support and resistance levels.