NYSE:ALSN - New York Stock Exchange, Inc. - US01973R1014 - Common Stock - Currency: USD
Overall ALSN gets a technical rating of 8 out of 10. In the past year, ALSN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although ALSN has an excellent technical rating, the quality of the presented setup is not ideal 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.
85.28
3 important support areas can be observed.
2 important resistance areas can be observed.
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 |
---|---|---|---|
106.29 | 103.82 | 2.47 (2.32%) | 25.00% |
An entry @106.29. This is a Buy Stop order right above the resistance zone. | An exit @103.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.47 points, which is 2.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
103.84
-2.44 (-2.3%)