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Archive - 6/6/2025 - 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 gave back -1.81 points, or -0.86%, and closed at 208.06 on Friday, June 6, 2025. Weekly volume was -18% 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 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 (112.65) 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 April 7, 2025 at 176.00 and reached 213.18 on June 3, 2025. ALL gained -37.18 points, or -21.12%, in 8 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (208.31) 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 medium-term trend.
Weekly Technical Indicators: [See ALL weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See ALL short-term trend chart] A short-term downtrend had started on June 3, 2025 at 213.18 and reached 204.89 on June 5, 2025. ALL lost 8.29 points, or 3.89%, in 2 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 technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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.
Candlestick pattern: [See ALL candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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