ALLISON TRANSMISSION HOLDING (ALSN) Technical Analysis
NYSE:ALSN • US01973R1014
Current stock price
ALSN Technical Rating and Analysis
Taking everything into account, ALSN scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month ALSN has a been trading in the 110.87 - 128.85 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ALSN did better than 78% of all other stocks.
- ALSN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALSN is performing more or less in line with the market.
- 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 is part of the Machinery industry. There are 131 other stocks in this industry, ALSN did better than 66% of them.
ALSN Weekly and Daily overview Charts
ALSN Setup Rating and Analysis
ALSN has an average technical rating and also 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
ALSN Support and Resistance Analysis
80.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 111.09 to 113.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.81 from a trend line in the weekly time frame.
ALSN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for ALSN is down. |
| ChartMill Relative Strength | 78.64 | POSITIVE | ALSN has a high relative strength, it outperformed 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALSN is below a declining 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) | 44.67 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests ALSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.48 | OVERSOLD | The low Stochastics value suggests ALSN may be oversold. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 34.48 | POSITIVE | The high ADX value value for ALSN suggests a strong trend. |
ALSN Chart- and CandleStick Pattern Analysis
ALSN Example Setup
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 |
|---|---|---|---|
| 116.43 | 111.08 | 5.35 (4.60%) | 21.75% |
| An entry @116.43. This is a Buy Stop order right above the 10 day moving average. | An exit @111.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.35 points, which is 4.60%. | When investing 21.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ALSN Technicals: Chart, Performance Metrics, Trend & Indicators
114.21
+0.82 (+0.72%)
ALLISON TRANSMISSION HOLDING / ALSN TA FAQ
Can you provide the ChartMill technical rating for ALLISON TRANSMISSION HOLDING?
ChartMill assigns a technical rating of 6 / 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 44.6668. 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 negative.
Can you provide the buy/sell signal for ALLISON TRANSMISSION HOLDING?
The buy/sell signal for ALLISON TRANSMISSION HOLDING (ALSN) is hold as the short term and long term trends are mixed.