ALLSTATE CORP (ALL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALL - US0200021014 - Common Stock
192.28 USD
-3.19 (-1.63%)
210.09 USD
+17.81 (+9.26%)
Taking everything into account, ALL scores 0 out of 10 in our technical rating. ALL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ALL is a bad performer in the overall market: 65% of all stocks are doing better.
- In the last month ALL has a been trading in the 191.80 - 215.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ALL has an average volume of 1696460 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, the long term trend is neutral. Not much exciting going on here.
- ALL is an average performer in the Insurance industry, it outperforms 59% of 149 stocks in the same industry.
- ALL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALL is lagging the market.
The technical rating of ALL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
184.70
216.81
We found 2 important support areas.
- A support zone ranging from 190.94 to 191.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 186.57 to 186.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @193.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 200.59 to 214.66. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ALL is down. |
| ChartMill Relative Strength | 35.68 | NEUTRAL | ALL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.89 | NEUTRAL | The RSI value for ALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.8 | NEGATIVE | The MACD value suggests ALL has a negative trend. |
| Stochastics (14,3) | 4.55 | OVERSOLD | The low Stochastics value suggests ALL may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ALL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.53 | 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)
192.28
-3.19 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.63%
1 Week-9.39%
2 Weeks-5.66%
1 Month-8.04%
3 Month-1.83%
6 Month-0.93%
12 Month1.79%
2 Year23.85%
3 Year49.67%
5 Year79.4%
10 Year217.29%
15 Year517.47%
Volatility
ATR(14)4.78
ATR(20)%2.23%
ATR Inc-13.93%
Range Today3.93
ADR(20)4.17
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.68
3 months CRS31.68
6 months CRS30.55
Mansfield-1.41
10 Day High215
10 Day Low191.8
20 Day High215
20 Day Low191.8
52 Week High215.89
52 Week Low176
CS1 End191.51
CR1 Start193.33
Volume & EV
DER(3)1.63%
DER(5)1.51%
Volume2.40M
Volume Incr100.68%
Vol(5)3.03M
Vol(50)1.70M
ALLSTATE CORP / ALL FAQ
Can you provide the ChartMill technical rating for ALLSTATE CORP?
ChartMill assigns a technical rating of 0 / 10 to ALL.
Can you provide the trend direction for ALLSTATE CORP?
The current trend direction for ALLSTATE CORP (ALL) is Bearish.
Can you provide the RSI signal for ALLSTATE CORP?
ALLSTATE CORP (ALL) has an RSI value of 30.8913. 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 -1.79651, indicating a bearish trend.
Can you provide the short term momentum for ALLSTATE CORP?
The short term momentum for ALLSTATE CORP (ALL) is negative.