ALLISON TRANSMISSION HOLDING (ALSN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALSN - US01973R1014 - Common Stock
Taking everything into account, ALSN scores 8 out of 10 in our technical rating. 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.
ALSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 99.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.93, a Stop Loss order could be placed below this zone.
More info and screens
78.68
We found 2 important support areas.
- A support zone ranging from 97.90 to 98.93. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 99.66 to 100.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @103.56 from a horizontal line in the daily 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 | 53.27 | 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) | 62.79 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests ALSN has a negative trend. |
| Stochastics (14,3) | 42.97 | NEUTRAL | The Stochastics value for ALSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 45.08 | 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 | 97.89 | 3.05 (3.02%) | 25.00% |
| An entry @100.94. This is a Buy Stop order right above the resistance zone. | An exit @97.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.05 points, which is 3.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
98.94
+1.04 (+1.06%)
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 62.7877. 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.