ALLSTATE CORP. - 1H - Technical analysis published on 02/27/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 191.42 USD
My targets
199.04 USD (+2.32%)
203.40 USD (+4.56%)
My analysis
The bullish trend is currently very strong on ALLSTATE CORP.. As long as the price remains above the support at 191.42 USD, you could try to benefit from the boom. The first bullish objective is located at 199.04 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 203.40 USD as an objective. Crossing it would then enable buyers to target 207.46 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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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 194.53 USD. The price has increased by +3.24% since the last closing with the lowest point at 189.39 USD and the highest point at 194.75 USD. The deviation from the price is +2.71% for the low point and -0.11% for the high point.189.39
194.75
194.53
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ALLSTATE CORP. chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 189.31 | 191.42 | 193.83 | 194.53 | 199.04 | 203.40 | 207.46 |
| Change (%) | -2.68% | -1.60% | -0.36% | - | +2.32% | +4.56% | +6.65% |
| Change | -5.22 | -3.11 | -0.70 | - | +4.51 | +8.87 | +12.93 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 183.60 | 185.58 | 187.00 | 188.98 | 190.40 | 192.38 | 193.80 |
| Camarilla | 187.50 | 187.81 | 188.12 | 188.43 | 188.74 | 189.05 | 189.37 |
| Woodie | 183.33 | 185.44 | 186.73 | 188.84 | 190.13 | 192.24 | 193.53 |
| Fibonacci | 185.58 | 186.88 | 187.68 | 188.98 | 190.28 | 191.08 | 192.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 177.05 | 181.23 | 183.44 | 187.62 | 189.83 | 194.01 | 196.22 |
| Camarilla | 183.90 | 184.49 | 185.07 | 185.66 | 186.25 | 186.83 | 187.42 |
| Woodie | 176.08 | 180.74 | 182.47 | 187.13 | 188.86 | 193.52 | 195.25 |
| Fibonacci | 181.23 | 183.67 | 185.18 | 187.62 | 190.06 | 191.57 | 194.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.88 | 169.67 | 181.00 | 187.79 | 199.12 | 205.91 | 217.24 |
| Camarilla | 187.35 | 189.01 | 190.67 | 192.33 | 193.99 | 195.65 | 197.31 |
| Woodie | 165.15 | 170.81 | 183.27 | 188.93 | 201.39 | 207.05 | 219.51 |
| Fibonacci | 169.67 | 176.59 | 180.87 | 187.79 | 194.71 | 198.99 | 205.91 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 67.39 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | 21.32 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 190.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 187.68 | |
| Elder Ray (13): | 3.54 | |
| Super Trend (3,10): | 188.82 | |
| Zig ZAG (10): | 194.11 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 70.46 | |
| TEMA (21): | 191.28 | |
| Williams %R (14): | -3.41 | |
| Chande Momentum Oscillator (20): | 3.87 | |
| Repulse (5,40,3): | 1.9600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.95 |
| MA7: | 189.77 | |
| MA20: | 190.36 | |
| MA50: | 190.30 | |
| MA100: | 192.03 | |
| MAexp7: | 191.09 | |
| MAexp20: | 190.01 | |
| MAexp50: | 189.54 | |
| MAexp100: | 189.55 | |
| Price / MA7: | +2.51% | |
| Price / MA20: | +2.19% | |
| Price / MA50: | +2.22% | |
| Price / MA100: | +1.30% | |
| Price / MAexp7: | +1.80% | |
| Price / MAexp20: | +2.38% | |
| Price / MAexp50: | +2.63% | |
| Price / MAexp100: | +2.63% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on ALLSTATE CORP.. At the time of publication of this analysis, the latest news 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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