|
|
|
|
S&P 500 Overbought StocksArchive
- 3/21/2025 -
Sign In to see current Signals. |
Allstate Corp. (ALL) Technical Analysis
|
 |
| 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 gave back -1.00 points, or -0.48%, and closed at 206.50 on Friday, March 21, 2025. Weekly volume was 65% 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 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 (111.34) 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 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 193.93 and resistance is at 227.06. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.
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 February 11, 2025 at 184.70 and reached 212.90 on March 20, 2025. ALL gained -28.20 points, or -15.27%, in 37 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 196.78 and resistance is at 214.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See ALL daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.
The daily MACD line is above its signal line since February 26, 2025. This is an indication that the short-term trend is up.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
8 |
| Industry |
Property & Casualty Insurance |
115 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
212.90 |
| High Date |
03/20/2025 |
| Low |
205.50 |
| Low Date |
03/21/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
214.06 |
| Support |
196.78 |
| Low |
184.70 |
| Low Date |
02/11/2025 |
| High |
212.90 |
| High Date |
03/20/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
176.50 |
| Low Date |
01/10/2025 |
| High |
212.90 |
| High Date |
03/20/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
227.06 |
| Support |
193.93 |
| Low |
100.57 |
| Low Date |
07/17/2023 |
| High |
212.90 |
| High Date |
03/20/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
171.58 |
| Support |
111.34 |
| Low |
13.77 |
| Low Date |
03/09/2009 |
| High |
212.90 |
| High Date |
03/20/2025 |
|
|