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 ALSN stock chart pattern can give those who understand technical analysis an indication of which way ALSN stock is headed, but cannot predict with 100% certainty as to what can happen to the Allison Transmission stock price.
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. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Allison Transmission stock analysis.
Allison Transmission Moving Average
Moving averages show the ALSN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $41.85 is above the price of $41.64.
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. The stock price is trading between the average and the lower band in the context of Allison Transmission bollinger bands.
Allison Transmission Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Allison Transmission MACD indicator can be used to identify bullish and bearish trends for the stock.
Allison Transmission Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 47.19 is the RSI value of ALSN stock.