ALLSTATE CORP (ALL)

US0200021014 - Common Stock

195.62  +0.1 (+0.05%)

After market: 195.62 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, ALL scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

When comparing the yearly performance of all stocks, we notice that ALL is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by ALL over the past year are nicely spread over this period.
ALL is one of the better performing stocks in the Insurance industry, it outperforms 77% of 141 stocks in the same industry.
ALL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALL is lagging the market slightly.
ALL has an average volume of 1511480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month ALL has a been trading in the 187.41 - 209.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ALL Weekly chart
ALL Daily chart
Setup Rating and Analysis

6

ALL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 195.58, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

179.43

210.29

We found 3 important support areas.

  • A support zone ranging from 191.69 to 195.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 184.14 to 184.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @181.24 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 207.40 to 208.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.18
Mansfield0.09
10 Day High198.6
10 Day Low187.41
20 Day High209.88
20 Day Low187.41
52 Week High209.88
52 Week Low140.33
Performance
1 Week3.37%
2 Weeks1.2%
1 Month-5.89%
3 Month3.85%
6 Month22.52%
12 Month39.75%
2 Year44.26%
3 Year66.27%
5 Year73.96%
10 Year178.46%
15 Year551.2%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.48
RSI(14)49.24
LBB187.73
UBB201.61
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
198.61191.686.93 (3.49%)25.00%
An entry @198.61. This is a Buy Stop order right above the 10 day high.An exit @191.68. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.93 points, which is 3.49%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALL Daily chart

ALLSTATE CORP

NYSE:ALL (12/26/2024, 8:04:00 PM)

After market: 195.62 0 (0%)

195.62

+0.1 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.05%
1 Week3.37%
2 Weeks1.2%
1 Month-5.89%
3 Month3.85%
6 Month22.52%
12 Month39.75%
2 Year44.26%
3 Year66.27%
5 Year73.96%
10 Year178.46%
15 Year551.2%
Volatility
ATR(14)4.05
ATR(20)%1.92%
ATR Inc-48.93%
Range Today1.4
ADR(20)3.67
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.18
Mansfield0.09
10 Day High198.6
10 Day Low187.41
20 Day High209.88
20 Day Low187.41
52 Week High209.88
52 Week Low140.33
CS1 End195.58
CR1 Start207.4
Volume & EV
DER(3)2.62%
DER(5)0.92%
Volume563.30K
Volume Incr-25.26%
Vol(5)1.24M
Vol(50)1.51M