Allison Transmission Technical Analysis (NYSE:ALSN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Allison Transmission stock price data and volume are plotted in ALSN stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Allison Transmission. The technical analysis form of Allison Transmission stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Allison Transmission Moving Average:
Moving averages show the average price of ALSN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Allison Transmission are mostly signals of long term trends and will help long term traders.
Allison Transmission Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ALSN stock. Allison Transmission bollinger bands show that the stock price is $38.68, upper band is 25.49, lower band is 21.87, and the average is 23.68.
Allison Transmission Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Allison Transmission MACD line is below the signal line.
Allison Transmission Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of ALSN stock is 78.22. .