- RSI is at a high level of 84. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.4. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Ally Financial (ALLY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Ally Financial (NYSE: ALLY) has announced a plan to repurchase up to $1.6 billion of common stock in 2021. It comes just weeks after the Federal Reserve cleared the way for banks to conduct stock buybacks, which it had put on hold last March when the pandemic hit. Ally, the 16th largest bank in the country with about $174 billion in assets, will start repurchasing shares in the first quarter.
Is (ALLY) Outperforming Other Finance Stocks This Year?
The announcement of new share repurchase program reflects Ally Financial's (ALLY) solid balance sheet and liquidity position, and will enhance shareholder value.
Ally Financial Inc. (NYSE: ALLY) today announced that, based on results of the Federal Reserve Board (FRB) stress test process in December 2020, its board of directors has authorized the company to repurchase up to $1.60 billion of the company's common stock in 2021. The company will begin repurchasing shares in the first quarter, in accordance with the FRB's modified restrictions that limit combined repurchases and common dividends to an amount that does not exceed the average net income of the...
In a banking industry that's poised for a turnaround, Ally Financial could enjoy extra tailwinds this year.