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Downtrend Broken Resist.Archive
- 8/1/2025 -
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Allstate Corp. (ALL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the Allstate Corp. (ALL). During the week, the ALL gained 4.07 points, or 2.08%, and closed at 199.77 on Friday, August 1, 2025. It was the best weekly gain since May 30, 2025. Weekly volume was 43% above 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 213.18 on June 3, 2025. ALL gained -199.41 points, or -1448.15%, in 847 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (113.60) 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 downtrend had started on June 3, 2025 at 213.18 and reached 189.10 on July 17, 2025. ALL lost 24.08 points, or 11.30%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (188.19) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.
 Weekly Technical Indicators: [See ALL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since June 6, 2025. This is an indication that the medium-term trend is down. 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 July 23, 2025 at 198.47 and reached 207.09 on July 31, 2025. ALL gained -8.62 points, or -4.34%, in 8 days. The price is now at the 84.92% retracement level.
Daily Technical Indicators: [See ALL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since July 15, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price 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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