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. In the last year, ALL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
When comparing the yearly performance of all stocks, we notice that ALL is one of the better performing stocks in the market, outperforming 71% of all stocks.
ALL is one of the better performing stocks in the Insurance industry, it outperforms 72% of 144 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 1516660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month ALL has a been trading in the 190.34 - 213.18 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 it also does not offer a high quality setup 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
We found 4 important support areas.
- A support zone ranging from 200.02 to 200.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 195.70 to 196.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @191.52 from a trend line in the daily time frame.
- A support zone ranging from 180.52 to 185.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @202.06 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for ALL is neutral. |
| ChartMill Relative Strength | 71.77 | POSITIVE | ALL has a high relative strength, it outperformed 71.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALL is above a declining 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) | 52.49 | NEUTRAL | The RSI value for ALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ALL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.16 | NEUTRAL | The Stochastics value for ALL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ALL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for ALL suggests a weak or negative 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)
201.31
+5.55 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.84%
1 Week1.5%
2 Weeks1.2%
1 Month-4.08%
3 Month7.9%
6 Month5.15%
12 Month27.07%
2 Year84.62%
3 Year58.85%
5 Year107.56%
10 Year210.33%
15 Year600.7%
Volatility
ATR(14)4.15
ATR(20)%2.27%
ATR Inc5.96%
Range Today5.7
ADR(20)4.31
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.77
Mansfield-0.25
10 Day High201.93
10 Day Low190.34
20 Day High213.18
20 Day Low190.34
52 Week High213.18
52 Week Low158.04
CS1 End195
CR1 Start199.81
Volume & EV
DER(3)0.86%
DER(5)1.23%
Volume2.39M
Volume Incr48.32%
Vol(5)2.26M
Vol(50)1.52M