Large Outflow of Money Witnessed in Allison Transmission Holdings

Allison Transmission Holdings (ALSN) : The total negative money flow of $3.1 million on Monday indicates selling on strength. The inflow of money on upticks was $2.09 million, compared to $5.18 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.4. The negative money flow of $2.91 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $2.91 million. The price action in the Allison Transmission Holdings (ALSN) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $29.13 with a gain of $0.02 , a change of 0.07% over the previous days close. The stock registered 2.72% for the week.


Allison Transmission Holdings, Inc. is up 7.64% in the last 3-month period. Year-to-Date the stock performance stands at 13.87%. Shares of Allison Transmission Holdings, Inc. rose by 2.32% in the last five trading days and 6.12% for the last 4 weeks. In a related news, Pittard Dana Jh, officer (VP, Defense Programs) of Allison Transmission Holdings Inc, executed a transaction worth $2,152 on February 11, 2016. A total of 100 shares were purchased at an average price of $21.52. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Allison Transmission Holdings (NYSE:ALSN): stock turned positive on Monday. Though the stock opened at $28.99, the bulls momentum made the stock top out at $29.19 level for the day. The stock recorded a low of $28.94 and closed the trading day at $29.13, in the green by 0.07%. The total traded volume for the day was 809,950. The stock had closed at $29.11 in the previous days trading.

Allison Transmission Holdings, Inc. designs and manufactures commercial and defense transmissions. The Company offers fully-automatic transmissions for medium-and heavy-duty commercial vehicles and medium-and heavy-tactical United States defense vehicles. The Companys transmissions are used in a variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Companys transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with more than 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.

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