ALLSTATE CORP (ALL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALL - US0200021014 - Common Stock
Overall ALL gets a technical rating of 5 out of 10. In the last year, ALL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ALL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 212.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 208.25, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
184.70
When analyzing the support we can see 5 important areas.
- A support zone ranging from 205.71 to 208.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 200.59 to 200.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @196.78 from a trend line in the weekly time frame.
- A support zone ranging from 190.94 to 193.34. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 212.64 to 214.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ALL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALL is neutral. |
| ChartMill Relative Strength | 63.13 | 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) | DOWN | MIXED | The current price of ALL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.73 | NEUTRAL | The RSI value for ALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ALL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.49 | NEUTRAL | The Stochastics value for ALL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for ALL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.66 | NEGATIVE | The low ADX value for ALL suggests a weak or negative trend. |
208.66
-3.55 (-1.67%)
ALLSTATE CORP / ALL FAQ
Can you provide the ChartMill technical rating for ALLSTATE CORP?
ChartMill assigns a technical rating of 5 / 10 to ALL.
Can you provide the trend direction for ALLSTATE CORP?
The current trend direction for ALLSTATE CORP (ALL) is Bullish.
Can you provide the RSI signal for ALLSTATE CORP?
ALLSTATE CORP (ALL) has an RSI value of 51.7337. 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 0.213321, indicating a bearish trend.
Can you provide the short term momentum for ALLSTATE CORP?
The short term momentum for ALLSTATE CORP (ALL) is neutral.