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Examining the Potential Price Growth of Allison Transmission Holdings Inc (ALSN)

In a filing, Allison Transmission Holdings Inc revealed its SVP, Global MSS Coll John unloaded Company’s shares for reported $0.22 million on Dec 31 ’24. In the deal valued at $108.40 per share,2,000 shares were sold. As a result of this transaction, Coll John now holds 6,420 shares worth roughly $0.63 million.

Then, Coll John bought 2,000 shares, generating $216,800 in total proceeds.

Before that, Graziosi David S. sold 11,590 shares. Allison Transmission Holdings Inc shares valued at $1,384,340 were divested by the Chair, President and CEO at a price of $119.44 per share. As a result of the transaction, Graziosi David S. now holds 168,833 shares, worth roughly $16.64 million.

Raymond James initiated its Allison Transmission Holdings Inc [ALSN] rating to an Outperform in a research note published on June 28, 2024; the price target was $85. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. Morgan Stanley began covering ALSN with “an Equal-weight” recommendation on January 08, 2024. JP Morgan revised its rating on October 16, 2023. It rated ALSN as “a Neutral” which previously was an “an Underweight”.

Price Performance Review of ALSN

On Friday, Allison Transmission Holdings Inc [NYSE:ALSN] saw its stock fall -2.12% to $98.54. Over the last five days, the stock has lost -5.75%. Allison Transmission Holdings Inc shares have fallen nearly -8.81% since the year began. Nevertheless, the stocks have risen 39.02% over the past one year. While a 52-week high of $122.53 was reached on 01/23/25, a 52-week low of $71.35 was recorded on 02/12/25. SMA at 50 days reached $111.64, while 200 days put it at $95.82.

Levels Of Support And Resistance For ALSN Stock

The 24-hour chart illustrates a support level at 97.05, which if violated will result in even more drops to 95.56. On the upside, there is a resistance level at 100.98. A further resistance level may holdings at 103.42. The Relative Strength Index (RSI) on the 14-day chart is 28.97, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.24%. Stochastics %K at 26.26% indicates the stock is a holding.

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