USA - NYSE:ALSN - US01973R1014 - Common Stock
Taking everything into account, ALSN scores 0 out of 10 in our technical rating. ALSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ALSN has a bad technical rating, but it does show 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 84.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.19, a Stop Loss order could be placed below this zone.
78.68
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The long term trend for ALSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALSN is down. |
| ChartMill Relative Strength | 18.19 | NEGATIVE | ALSN has a low relative strength, it was outperformed by 81.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALSN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.21 | NEUTRAL | The RSI value for ALSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ALSN has a positive trend. |
| Stochastics (14,3) | 40.63 | NEUTRAL | The Stochastics value for ALSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ALSN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for ALSN suggests a weak or negative trend. |
83.25
+0.96 (+1.17%)