ALLSTATE CORP (ALL) Technical Analysis
NYSE:ALL • US0200021014
Current stock price
214.52 USD
+2.45 (+1.16%)
At close:
214.2 USD
-0.32 (-0.15%)
Pre-Market:
ALL Technical Rating and Analysis
Overall ALL gets a technical rating of 6 out of 10. ALL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- ALL is one of the better performing stocks in the Insurance industry, it outperforms 73% of 148 stocks in the same industry.
- ALL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALL is performing more or less in line with the market.
- In the last month ALL has a been trading in the 201.61 - 216.15 range, which is quite wide. It is currently trading near the high of this range.
- ALL has an average volume of 1561470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ALL turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
ALL Weekly and Daily overview Charts
ALL Setup Rating and Analysis
ALL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ALL Support and Resistance Analysis
184.70
217.35
5 important support areas can be observed.
- A support zone ranging from 212.76 to 213.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 204.07 to 208.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 197.37 to 199.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 189.99 to 193.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @186.57 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 214.53 to 215.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ALL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALL is up. |
| ChartMill Relative Strength | 49.33 | NEUTRAL | ALL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.88 | NEUTRAL | The RSI value for ALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests ALL has a positive trend. |
| Stochastics (14,3) | 94.41 | OVERBOUGHT | The high Stochastics value suggests ALL may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for ALL suggests low volalility. |
| Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for ALL suggests a weak or negative trend. |
ALL Chart- and CandleStick Pattern Analysis
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)
ALL 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 215.21 | 212.75 | 2.46 (1.14%) | 25.00% |
| An entry @215.21. This is a Buy Stop order right above the resistance zone. | An exit @212.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.46 points, which is 1.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALL. Please evaluate whether better entry and exit points can be found.
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
214.52
+2.45 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.16%
1 Week5.11%
2 Weeks4.79%
1 Month4.34%
3 Month1.09%
6 Month4.3%
12 Month11.41%
2 Year26.14%
3 Year85.31%
5 Year69.18%
10 Year229.78%
15 Year533.92%
Volatility
ATR(14)4.3
ATR(20)%1.99%
ATR Inc4.93%
Range Today5.75
ADR(20)4.07
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.33
3 months CRS64.94
6 months CRS60.78
Mansfield-0.01
10 Day High216.15
10 Day Low201.61
20 Day High216.15
20 Day Low201.61
52 Week High216.75
52 Week Low184.62
CS1 End213.62
CR1 Start214.53
Volume & EV
DER(3)-0.35%
DER(5)0.73%
Volume1.06M
Volume Incr-18.47%
Vol(5)1.16M
Vol(50)1.56M
ALLSTATE CORP / ALL TA FAQ
Can you provide the ChartMill technical rating for ALLSTATE CORP?
ChartMill assigns a technical rating of 6 / 10 to ALL.
What is the current trend direction of ALLSTATE CORP (ALL) stock?
The current trend direction for ALLSTATE CORP (ALL) is Bearish.
What is the RSI signal for ALL stock?
ALLSTATE CORP (ALL) has an RSI value of 61.8832. This indicates that the stock is currently neutral.
What is the MACD signal for ALL stock?
The MACD indicator for ALLSTATE CORP (ALL) has a value of 0.839451, indicating a bearish trend.
What is the short term momentum for ALLSTATE CORP (ALL) stock?
The short term momentum for ALLSTATE CORP (ALL) is positive.