Londinia Opportunities Analyses - 04/26/2024 (GMT) ALLY FINANCIAL INC. - 1H

ALLY FINANCIAL INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: ALLY
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 39.16 USD
My targets
39.80 USD (+0.84%)
40.71 USD (+3.14%)
My analysis
The basic bullish trend is very strong on ALLY FINANCIAL INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 39.16 USD. Crossing the first resistance at 39.80 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 40.71 USD as an objective. Crossing it would then enable buyers to target 41.71 USD. Caution, a return to below 39.16 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

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Additional analysis

Quotes

The ALLY FINANCIAL INC. price is 39.47 USD. On the day, this instrument gained +0.84% with the lowest point at 39.18 USD and the highest point at 39.69 USD. The deviation from the price is +0.74% for the low point and -0.55% for the high point.

39.18
39.69
39.47

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ALLY FINANCIAL INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.07 38.08 39.16 39.47 39.80 40.71 41.71
Change (%) -6.08% -3.52% -0.79% - +0.84% +3.14% +5.68%
Change -2.40 -1.39 -0.31 - +0.33 +1.24 +2.24
Level Minor Intermediate Intermediate - Minor Intermediate Major



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
Standard37.2537.8138.4739.0339.6940.2540.91
Camarilla38.8138.9239.0339.1439.2539.3639.48
Woodie37.3137.8438.5339.0639.7540.2840.97
Fibonacci37.8138.2738.5639.0339.4939.7840.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.7634.1936.6238.0540.4841.9144.34
Camarilla37.9938.3438.7039.0539.4039.7640.11
Woodie33.2634.4437.1238.3040.9842.1644.84
Fibonacci34.1935.6736.5838.0539.5340.4441.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.5832.9736.7839.1742.9845.3749.18
Camarilla38.8939.4540.0240.5941.1641.7342.30
Woodie31.2933.3337.4939.5343.6945.7349.89
Fibonacci32.9735.3436.8039.1741.5443.0045.37

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 55.14
MACD (12,26,9): 0.0200
Directional Movement: 10.80
AROON (14): -21.43
DEMA (21): 39.25
Parabolic SAR (0,02-0,02-0,2): 38.49
Elder Ray (13): 0.18
Super Trend (3,10): 39.68
Zig ZAG (10): 39.42
VORTEX (21): 0.8700
Stochastique (14,3,5): 68.13
TEMA (21): 39.07
Williams %R (14): -28.38
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): 0.6600
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 2.23
MA7: 39.36
MA20: 38.49
MA50: 37.96
MA100: 36.11
MAexp7: 39.28
MAexp20: 39.20
MAexp50: 38.95
MAexp100: 38.67
Price / MA7: +0.28%
Price / MA20: +2.55%
Price / MA50: +3.98%
Price / MA100: +9.30%
Price / MAexp7: +0.48%
Price / MAexp20: +0.69%
Price / MAexp50: +1.34%
Price / MAexp100: +2.07%

Quotes : - 15 min delayed data - Actions NYSE