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S&P 500 Oversold StocksArchive - 2/6/2026 - 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 a third consecutive positive week for the Allstate Corp. (ALL). During the week, the ALL gained 8.56 points, or 4.30%, and closed at 207.55 on Friday, February 6, 2026. It was the best weekly gain since November 14, 2025. Weekly volume was 34% above average. ALL is a member of Financials Sector. Financials is the second 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 216.75 on February 5, 2026. ALL gained -202.98 points, or -1474.07%, in 882 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (116.83) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 October 29, 2025 at 188.08 and reached 216.75 on February 5, 2026. ALL gained -28.67 points, or -15.24%, in 14 weeks. The price is now at the 32.09% retracement level.
Weekly Technical Indicators: [See ALL weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since January 9, 2026. 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 January 22, 2026 at 191.13 and reached 216.75 on February 5, 2026. ALL gained -25.62 points, or -13.40%, in 14 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ALL daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since January 29, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 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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