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Ally Financial I Bullish Moving Average Crossover Alert (ALLY)

By Shiri Gupta

Ally Financial I (NYSE:ALLY) crossed over its 10-day moving average of $26.82 on a volume of 891K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ally Financial I share prices have been bracketed by a low of $22.21 and a high of $31.29 and are now at $26.98, 21% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Ally Financial I and will alert subscribers who have ALLY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ally financial i

Ticker(s): ALLY