ALLY FINANCIAL INC. - Daily - Technical analysis published on 06/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 30.12 USD
My targets
30.83 USD (+2.26%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ALLY FINANCIAL INC. as long as the price remains well above 30.12 USD. The buyers” bullish objective is set at 30.83 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALLY FINANCIAL INC. price is 30.15 USD. The price has increased by +0.33% since the last closing with the lowest point at 30.09 USD and the highest point at 30.27 USD. The deviation from the price is +0.20% for the low point and -0.40% for the high point.30.09
30.27
30.15
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ALLY FINANCIAL INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 26.69 | 29.21 | 30.12 | 30.15 | 30.83 |
| Change (%) | -11.48% | -3.12% | -0.10% | - | +2.26% |
| Change | -3.46 | -0.94 | -0.03 | - | +0.68 |
| Level | Intermediate | Major | Major | - | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.43 | 29.64 | 29.84 | 30.05 | 30.25 | 30.46 | 30.66 |
| Camarilla | 29.94 | 29.97 | 30.01 | 30.05 | 30.09 | 30.13 | 30.16 |
| Woodie | 29.43 | 29.64 | 29.84 | 30.05 | 30.25 | 30.46 | 30.67 |
| Fibonacci | 29.64 | 29.79 | 29.89 | 30.05 | 30.20 | 30.30 | 30.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.48 | 28.84 | 29.37 | 29.74 | 30.27 | 30.63 | 31.16 |
| Camarilla | 29.65 | 29.74 | 29.82 | 29.90 | 29.98 | 30.06 | 30.15 |
| Woodie | 28.56 | 28.88 | 29.45 | 29.78 | 30.35 | 30.67 | 31.24 |
| Fibonacci | 28.84 | 29.19 | 29.40 | 29.74 | 30.08 | 30.29 | 30.63 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.33 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | 5.16 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 29.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.26 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 28.95 | |
| Zig ZAG (10): | 30.18 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 84.03 | |
| TEMA (21): | 29.92 | |
| Williams %R (14): | -5.45 | |
| Chande Momentum Oscillator (20): | 0.47 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.20 |
| MA7: | 29.90 | |
| MA20: | 29.65 | |
| MA50: | 29.58 | |
| MA100: | 28.34 | |
| MAexp7: | 29.90 | |
| MAexp20: | 29.71 | |
| MAexp50: | 29.29 | |
| MAexp100: | 28.43 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | +1.69% | |
| Price / MA50: | +1.93% | |
| Price / MA100: | +6.39% | |
| Price / MAexp7: | +0.84% | |
| Price / MAexp20: | +1.48% | |
| Price / MAexp50: | +2.94% | |
| Price / MAexp100: | +6.05% |
News
Don"t forget to follow the news on ALLY FINANCIAL INC.. At the time of publication of this analysis, the latest news was as follows:
- Ally Financial Schedules Release of Second Quarter Financial Results
- Ally Home Asked Americans, "How Close is too Close When it Comes to Living Near Your Family?"
- Ally Invest Offers Investors Tax-Optimized and Income-Focused Investment Options with Expanded Set of Digital Managed Portfolio Offerings
- Ally and Jimmie Johnson Honor Military Heroes
- Ally Bank Celebrates 10 Years of 'Doing It Right' for Customers
This member declared not having a position on this financial instrument or a related financial instrument.
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