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Ally Financial I: 52-Week High Recently Eclipsed (ALLY)

By David Diaz

Shares of Ally Financial I (NYSE:ALLY) traded today at $35.10, breaking its 52-week high. This new high was reached on below average trading volume as 751,000 shares traded hands, while the average 30-day volume is approximately 3.1 million shares.

Ally Financial I (NYSE:ALLY) is currently priced 2.2% above its average consensus analyst price target of $33.89. The stock should find initial support at its 50-day moving average (MA) of $31.74 and further support at its 200-day MA of $28.25.

In the past 52 weeks, Ally Financial I share prices have been bracketed by a low of $20.60 and a high of $35.10 and are now at $34.65, 68% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

Ally Financial Inc. operates as a financial holding company. The Company offers automotive financial services. Ally Financial serves clients in the United States.

SmarTrend is monitoring the recent change of momentum in Ally Financial I. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ally Financial I in search of a potential trend change.

Keywords: 52 week high/lows ally financial i

Ticker(s): ALLY