Ally Financial Inc (ALLY): Price Now Near $54.12; Daily Chart Shows An Uptrend on 20 Day Basis
Get Ratings)’s price is up $0.5 (0.94%) from the hour prior. The hourly chart shows that ALLY has seen
2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential
opportunity for rangebound traders.
Out of Banking stocks, ALLY ranks 52nd in regards to today’s price percentage change.