ALLSTATE CORP (ALL) Stock Technical Analysis
NYSE:ALL - New York Stock Exchange, Inc. - US0200021014 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ALL. 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ALL is part of the Insurance industry. There are 143 other stocks in this industry. ALL outperforms 73% of them.
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 1659220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ALL outperforms 63% of them, which is more or less in line with the market.
In the last month ALL has a been trading in the 189.10 - 207.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ALL has an average technical rating and the quality of the presented setup is also not ideal 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
178.71
214.78
3 important support areas can be observed.
- A support zone ranging from 190.94 to 202.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 184.15 to 186.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 180.52 to 180.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 207.39 to 212.65. 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 | 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 | 63.44 | 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) | DOWN | MIXED | The current price of ALL is above a declining 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) | 57.84 | NEUTRAL | The RSI value for ALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.1 | POSITIVE | The MACD value suggests ALL has a positive trend. |
| Stochastics (14,3) | 71.82 | NEUTRAL | The Stochastics value for ALL is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for ALL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for ALL suggests a possible start of a new trend. |
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)
203.03
+3.26 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.63%
1 Week5.74%
2 Weeks5.24%
1 Month4.36%
3 Month0.19%
6 Month6.72%
12 Month18.71%
2 Year88.32%
3 Year68.49%
5 Year118.31%
10 Year248.37%
15 Year635.62%
Volatility
ATR(14)4.49
ATR(20)%2%
ATR Inc1.99%
Range Today4.1
ADR(20)3.62
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.44
Mansfield-0.37
10 Day High207.09
10 Day Low191.47
20 Day High207.09
20 Day Low189.1
52 Week High213.18
52 Week Low169.95
CS1 End202.06
CR1 Start207.39
Volume & EV
DER(3)0.58%
DER(5)2.23%
Volume1.53M
Volume Incr47.63%
Vol(5)2.28M
Vol(50)1.66M