• Return to Headlines

Ally Financial I Crosses Above its 10-day MA (ALLY)

By Nick Russo

Today, shares of Ally Financial I (NYSE:ALLY) have advanced above their 10-day MA of $14.65 on a volume of 1.1 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Ally Financial I has traded in a range of $10.22 to $35.42 and is now at $15.73, 54% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 6.9%.

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: moving crosses ally financial i

Ticker(s): ALLY