ALLY FINANCIAL INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	ALLY
ISIN:

ALLY FINANCIAL INC. - Daily - Technical analysis published on 11/05/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Slightly bullish

Technical indicators

50%

My opinion

Bullish above 30.83 USD

My targets

32.02 USD (+0.41%)

34.09 USD (+6.90%)

My analysis

The basic trend is currently slightly bullish on ALLY FINANCIAL INC. and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 30.83 USD, purchases could be favourable. The first bullish objective would be the resistance located at 32.02 USD. Then the price could move towards 34.09 USD. Then 35.05 USD by extension. A return under the support to 30.83 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

3.8

Comment on the analysis

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. rating is 31.89 USD. The price registered an increase of +2.05% on the session with the lowest point at 31.50 USD and the highest point at 31.92 USD. The deviation from the price is +1.24% for the low point and -0.09% for the high point.

31.50

31.92

31.89

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:

Technical

Technical analysis of ALLY FINANCIAL INC. in Daily shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.23	28.81	30.83	31.89	32.02	34.09	35.05
Change (%)	-14.61%	-9.66%	-3.32%	-	+0.41%	+6.90%	+9.91%
Change	-4.66	-3.08	-1.06	-	+0.13	+2.20	+3.16
Level	Minor	Minor	Major	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.73	30.06	30.35	30.68	30.96	31.29	31.58
Camarilla	30.46	30.52	30.57	30.63	30.69	30.74	30.80
Woodie	29.71	30.05	30.32	30.67	30.94	31.28	31.55
Fibonacci	30.06	30.30	30.44	30.68	30.91	31.06	31.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.55	29.88	30.27	30.60	30.99	31.32	31.71
Camarilla	30.45	30.52	30.59	30.65	30.72	30.78	30.85
Woodie	29.57	29.89	30.29	30.61	31.01	31.34	31.73
Fibonacci	29.88	30.16	30.33	30.60	30.88	31.05	31.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.62	27.79	29.21	31.38	32.80	34.97	36.39
Camarilla	29.64	29.97	30.30	30.63	30.96	31.29	31.62
Woodie	25.24	27.60	28.84	31.19	32.43	34.78	36.02
Fibonacci	27.79	29.16	30.01	31.38	32.75	33.60	34.97

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):	50.22
MACD (12,26,9):	-0.3000
Directional Movement:	-0.31
AROON (14):	-21.43
DEMA (21):	30.62
Parabolic SAR (0,02-0,02-0,2):	30.10
Elder Ray (13):	0.19
Super Trend (3,10):	32.42
Zig ZAG (10):	31.25
VORTEX (21):	0.9400
Stochastique (14,3,5):	45.29
TEMA (21):	30.57
Williams %R (14):	-41.55
Chande Momentum Oscillator (20):	0.79
Repulse (5,40,3):	1.2300
ROCnROLL:	-1
TRIX (15,9):	-0.2100
Courbe Coppock:	0.11

MA7:	30.87
MA20:	30.76
MA50:	31.95
MA100:	31.56
MAexp7:	30.92
MAexp20:	31.07
MAexp50:	31.47
MAexp100:	31.10
Price / MA7:	+3.30%
Price / MA20:	+3.67%
Price / MA50:	-0.19%
Price / MA100:	+1.05%
Price / MAexp7:	+3.14%
Price / MAexp20:	+2.64%
Price / MAexp50:	+1.33%
Price / MAexp100:	+2.54%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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