ALLY Stock Forecast & Ally Financial Chart Analysis
This article provides a detailed analysis of ALLY-Ally Financial Inc. stock including a forecast for ALLY shares. It features Ally Financial Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ALLY Historical Data Review
ALLY Current Price Performance Analysis
The Ally Financial - ALLY stock traded on the American stock market, on 06-05-2024, closed at 38.25$ with a %0.82 increased compared to the previous day.
In the last month, the price of ALLY changed by %-4.14 decreased in value, from 39.9 dollars on 05-06-2024 to 38.25 dollars, decreased.
Last year, the price of ALLY was 28.18 dollars on 06-06-2023, and changed by %35.73 increased in value, to 38.25 dollars increased within a year.
The price of Ally Financial stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ALLY with AI Stock Forecast & Price Target
On the ALLY chart Ally Financial price was recorded as 38.25 Dollars on 06/05/2024.
The artificial intelligence's forecast on ALLY stock is as follows.
The artificial intelligence's prediction error margin for ALLY stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Ally Financial stock over the next 4 months is: 37.8 Dollars.
The commentary on ALLY stock Target Price: Highest: 40.618 Dollars is predicted.
The commentary on ALLY stock Target Price: Lowest: 36.272 Dollars is predicted.
Resistance Price where Ally Financial stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-10-2024 | 40.618 |
09-03-2024 | 37.740 |
12-27-2024 | 38.355 |
02-20-2025 | 37.543 |
Support Price where Ally Financial stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 37.646 |
10-18-2024 | 36.272 |
02-05-2025 | 36.869 |
03-17-2025 | 36.564 |
The commentary on ALLY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ally Financial stock by the end of 2024 is predicted to be 38.355 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ALLY stock, and the 2024 target price predictions for Ally Financial are detailed above.
The technical analysis and charts for the commentary on ALLY stock are below.
ALLY Support & Resistance and Trend Analysis
ALLY stock you have reviewed the technical analysis support resistance charts regarding.
ALLY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ALLY review, the Ally Financial support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Ally Financial Support and Resistance Prices:
ALLY Support Level Price | ALLY Resistance Level Price |
---|---|
25.16 | 27.93 |
26.50 | 31.23 |
29.05 | 35.44 |
31.77 | 35.51 |
32.87 | 37.49 |
33.33 | 38.03 |
34.85 | 38.94 |
35.36 | 40.28 |
35.62 | 41.56 |
38.22 | 41.77 |
ALLY Technical Analysis: SMA, RSI, MACD
Upon reviewing the ALLY chart, buy and sell signals have been generated in the Ally Financial technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ALLY stock are as follows:- ALLY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Ally Financial gave a 'Buy' signal when the RSI was at 28.221, with the current RSI value at 28.111.
- The technical analysis for Ally Financial indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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