Ally Financial (ALLY) Shares are Up 1.28%

Ally Financial (ALLY) : Traders are bullish on Ally Financial (ALLY) as it has outperformed the S&P 500 by a wide margin of 9.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.95%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.28% in the last 1 week, and is up 9.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.42% and the fifty day Moving Average is 12.01%. Ally Financial Inc. is up 10.85% in the last three month period. Year-to-Date the stock performance stands at 5.74%.

Ally Financial (ALLY) : 7 Wall Street analysts covering Ally Financial (ALLY) believe that the average level the stock could reach for the short term is $23.64. The maximum price target given is $28 and the minimum target for short term is around $19, hence the standard deviation is calculated at $3.47.


Ally Financial (NYSE:ALLY): On Fridays trading session , Opening price of the stock was $19.84 with an intraday high of $19.96. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.6402. However, the stock managed to close at $19.71, a loss of 0.15% for the day. On the previous day, the stock had closed at $19.74. The total traded volume of the day was 2,773,717 shares.

Ally Financial Inc. is a financial holding company and a bank holding company. It is an independent, diversified financial services firm. Its banking subsidiary, Ally Bank, is an indirect wholly owned subsidiary of the Company and a franchise in the Internet, telephone, mobile and mail banking market. Dealer Financial Services, which includes the Companys Automotive Finance and Insurance operations, and Mortgage are its primary lines of business. Ally Bank offers deposit products, such as checking, savings and certificates of deposit (CDs), as well as several raise-your-rate CD terms, IRA deposit products, Popmoney person-to-person transfer service, eCheck remote deposit capture, Ally Perks debit rewards program and Mobile Banking.

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