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Property & Casualty Insurance Industry Stocks Technical Analysis - ALLArchive - 5/23/2025 - Sign In to see current Signals. |
Allstate Corp. (ALL) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Allstate Corp. (ALL). During the week, the ALL dropped -5.82 points, or -2.78%, and closed at 203.24 on Friday, May 23, 2025. Weekly volume was -28% below average. ALL is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ALL long-term trend chart] A long-term uptrend had started on March 9, 2009 at 13.77 and reached 212.90 on March 20, 2025. ALL gained -199.13 points, or -1446.11%, in 836 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (112.43) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ALL medium-term trend chart] A medium-term uptrend had started on July 17, 2023 at 100.57 and reached 212.90 on March 20, 2025. ALL gained -112.33 points, or -111.69%, in 87 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 196.92 and resistance is at 227.98. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See ALL weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See ALL short-term trend chart] A short-term uptrend had started on April 21, 2025 at 184.62 and reached 210.68 on May 19, 2025. ALL gained -26.06 points, or -14.12%, in 28 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (202.27) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See ALL daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 23, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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