ALLSTATE CORP. - Daily - Technical analysis published on 01/03/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
28%
44%
28%
My opinion
Bearish under 194.81 USD
My targets
181.34 USD (-5.50%)
172.81 USD (-9.94%)
My analysis
The strong short-term decline in ALLSTATE CORP. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 194.81 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 181.34 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 172.81 USD as an objective. Crossing it would then enable sellers to target 160.79 USD. Be careful, a return to above 194.81 USD could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALLSTATE CORP. rating is 191.89 USD. The price is lower by -0.03% since the last closing and was traded between 190.84 USD and 193.24 USD over the period. The price is currently at +0.55% from its lowest and -0.70% from its highest.190.84
193.24
191.89
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ALLSTATE CORP. in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 172.81 | 181.34 | 189.29 | 191.89 | 194.81 | 203.40 | 207.46 |
| Change (%) | -9.94% | -5.50% | -1.35% | - | +1.52% | +6.00% | +8.11% |
| Change | -19.08 | -10.55 | -2.60 | - | +2.92 | +11.51 | +15.57 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.99 | 188.70 | 190.33 | 192.04 | 193.67 | 195.38 | 197.01 |
| Camarilla | 191.03 | 191.34 | 191.64 | 191.95 | 192.26 | 192.56 | 192.87 |
| Woodie | 186.94 | 188.68 | 190.28 | 192.02 | 193.62 | 195.36 | 196.96 |
| Fibonacci | 188.70 | 189.98 | 190.77 | 192.04 | 193.32 | 194.11 | 195.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.47 | 189.59 | 191.69 | 193.81 | 195.91 | 198.03 | 200.13 |
| Camarilla | 192.64 | 193.03 | 193.41 | 193.80 | 194.19 | 194.57 | 194.96 |
| Woodie | 187.47 | 189.59 | 191.69 | 193.81 | 195.91 | 198.03 | 200.13 |
| Fibonacci | 189.59 | 191.20 | 192.20 | 193.81 | 195.42 | 196.42 | 198.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.13 | 175.27 | 184.03 | 196.17 | 204.93 | 217.07 | 225.83 |
| Camarilla | 187.04 | 188.96 | 190.87 | 192.79 | 194.71 | 196.62 | 198.54 |
| Woodie | 161.44 | 174.43 | 182.34 | 195.33 | 203.24 | 216.23 | 224.14 |
| Fibonacci | 175.27 | 183.25 | 188.19 | 196.17 | 204.15 | 209.09 | 217.07 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.84 | |
| MACD (12,26,9): | -1.1900 | |
| Directional Movement: | -11.18 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 193.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 188.23 | |
| Elder Ray (13): | -1.42 | |
| Super Trend (3,10): | 202.31 | |
| Zig ZAG (10): | 192.78 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 45.74 | |
| TEMA (21): | 191.52 | |
| Williams %R (14): | -48.08 | |
| Chande Momentum Oscillator (20): | -1.80 | |
| Repulse (5,40,3): | 0.9500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.70 |
| MA7: | 193.56 | |
| MA20: | 194.68 | |
| MA50: | 194.98 | |
| MA100: | 190.54 | |
| MAexp7: | 193.08 | |
| MAexp20: | 194.52 | |
| MAexp50: | 194.00 | |
| MAexp100: | 189.08 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | -1.43% | |
| Price / MA50: | -1.58% | |
| Price / MA100: | +0.71% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | -1.35% | |
| Price / MAexp50: | -1.09% | |
| Price / MAexp100: | +1.49% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on ALLSTATE CORP. at the time of the generation of this analysis was as follows:
- RM LAW Announces Investigation of The Allstate Corporation
- Lifshitz & Miller LLP Announces Investigation of Allstate Corporation, Blue Buffalo Pet Products, Inc., Express Scripts Holding Company, Funko, Inc., PHH Corporation, Seven Stars Cloud Group, Inc., United Therapeutics Corporation, and Sprouts Farmers Market, Inc.
- American Red Cross of Central Oklahoma and The Allstate Foundation prepare residents for severe weather season
- Long-Term Allstate (ALL) Investors: Johnson Fistel Investigates Allstate; Encourages Investors Owning Since before November 2014 to Contact the Firm
- Allstate Named One of the 2018 "Top 70 Companies for Executive Women"
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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