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Shares of Ally Financial I Rise Above Previous 52-Week High

By Nick Russo

Ally Financial I (NYSE:ALLY) traded at a new 52-week high today of $35.12. This new high was reached on below average trading volume as 403,000 shares traded hands, while the average 30-day volume is approximately 3.4 million shares.

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

Ally Financial I (NYSE:ALLY) defies analysts with a current price ($34.76) 2.5% above its average consensus price target of $33.89. Ally Financial I shares have support at the 50-day moving average (MA) of $31.74 and additional support at the 200-day MA of $28.25.

Ally Financial I share prices have moved between a 52-week high of $35.12 and a 52-week low of $20.60 and are now trading 69% above that low price at $34.76 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

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