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S&P 500 Oversold StocksArchive
- 3/27/2026 -
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Allstate Corp. (ALL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Allstate Corp. (ALL). During the week, the ALL dropped -2.91 points, or -1.42%, and closed at 202.71 on Friday, March 27, 2026. Weekly volume was -18% below average.
ALL is a member of Financials Sector. Financials is the second most oversold 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 (117.68) 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 216.75 on February 5, 2026. ALL gained -116.18 points, or -115.52%, in 133 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 197.81 and resistance is at 217.56. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See ALL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 20, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 March 19, 2026 at 203.25 and reached 210.30 on March 24, 2026. ALL gained -7.05 points, or -3.47%, in 5 days. The price is now at the 107.66% retracement level.
Daily Technical Indicators: [See ALL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 6, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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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