Alleghany Corp (Y) Technical Analysis
NYSE:Y • US0171751003
Current stock price
Y Technical Rating and Analysis
Taking everything into account, Y scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, Y is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Y is part of the Insurance industry. There are 147 other stocks in this industry. Y outperforms 100% of them.
- Y is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so Y is leading the market.
- Looking at the yearly performance, Y did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month Y has a been trading in a tight range between 839.37 and 848.00.
- Volume is considerably higher in the last couple of days.
Y Weekly and Daily overview Charts
Y Setup Rating and Analysis
Although Y has an excellent technical rating, it does not present a decent entry opportunity 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
Y Support and Resistance Analysis
671.27
We found 2 important support areas.
- A support zone ranging from 829.84 to 844.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @678.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 847.90 to 860.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Y 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 Y is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for Y is up. |
| ChartMill Relative Strength | 91.87 | POSITIVE | Y has a high relative strength, it outperformed 91.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of Y is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of Y is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of Y is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.7 | NEUTRAL | The RSI value for Y is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests Y has a positive trend. |
| Stochastics (14,3) | 84.04 | OVERBOUGHT | The high Stochastics value suggests Y may be overbought. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for Y suggests low volalility. |
| Average Directional Index/ADX (14) | 35.69 | POSITIVE | The high ADX value value for Y suggests a strong trend. |
Y Chart- and CandleStick Pattern Analysis
Y Technicals: Chart, Performance Metrics, Trend & Indicators
847.79
0.01 (0%)
Alleghany Corp / Y TA FAQ
What is the technical rating for Y stock?
ChartMill assigns a technical rating of 7 / 10 to Y.
Can you provide the trend direction for Alleghany Corp?
The current trend direction for Alleghany Corp (Y) is Bullish.
What is the RSI signal for Y stock?
Alleghany Corp (Y) has an RSI value of 66.7016. This indicates that the stock is currently neutral.
What is the short term momentum for Y stock?
The short term momentum for Alleghany Corp (Y) is positive.
What are the support and resistance levels for Alleghany Corp (Y) stock?
Alleghany Corp (Y) has a support level at 844.55 and a resistance level at 847.9. Check the full technical report for our detailed analysis of Y support and resistance levels.