Is The Allstate Corp. technically bullish or bearish?

Sep 20 2025 07:05 PM IST
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As of August 21, 2025, The Allstate Corp. shows a mildly bullish trend with supportive indicators like a bullish MACD and Bollinger Bands, but mixed signals and underperformance compared to the S&P 500 suggest caution.
As of 21 August 2025, the technical trend for The Allstate Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands on both weekly and monthly timeframes. However, the monthly MACD and KST are mildly bearish, indicating some weakness. The daily moving averages are bullish, but the Dow Theory shows a mildly bearish signal on the weekly timeframe.

In terms of performance, the stock has returned 1.59% over the past week compared to the S&P 500's 1.05%, but it has underperformed over the longer term, with a 1-year return of 7.68% versus the S&P 500's 17.14%. Overall, while there are bullish indicators, the mixed signals suggest caution.
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