US stock / ETF

The Allstate Corporation

ALL · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

ALL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $234.73 and stabilize above resistance $266.45.

Invalidation Trigger

Break above $266.45 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 30.6, MACD -0.649

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.1 (2.27%)

Daily

EMA Structure

Bearish
EMA 8$225.91Bearish
EMA 21$234.73Bearish
EMA 50$242.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.6 · MACD -0.649

Momentum is weak

Strength
Bearish
Volatility
ATR $5.1 · BB 23.60%

Medium volatility

Strength
Range
Volume
MFI 29.7 · OBV -32.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$220.59 - $266.45

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+20.72% · 9.1 ATR above latest close

$271.55
Nearest resistance

+18.46% · 8.1 ATR above · 34-bar high

$266.45
Current price

Price shown is delayed

$224.94
Nearest support

-1.93% · 0.9 ATR below · 34-bar low

$220.59
Deeper support zone

-4.2% · 1.9 ATR below latest close

$215.49
ATR zone

Latest close ± ATR14

$219.84 - $230.03

Indicators

Trend

Dow Theory Structure

Confirmation $220.59, invalidation $258.58

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

70.1 / 3.5 / 49.4Bearish
Supertrend (10,3)

Price is above Supertrend

$215.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.38 / $248.91Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$5.1 (2.27%)Range
Bollinger Bands (20,2)

Width 23.60%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$241.2 / $227.09Range
ATR channel lower / upper

Current Volatility Envelope

$219.84 / $230.03Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$266.45Range
Support

Nearest Downside Decision Level

$220.59Range

Momentum

RSI (14)

Momentum is weak

30.6Bearish
MACD (12,26,9)

Histogram is negative

-0.649Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.1 / 10.6Bullish
Williams %R (14)

Oversold zone

-85.9Bullish
CCI (20)

Balanced zone

-59.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

-32.60%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $220.59, invalidation $258.58

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

70.1 / 3.5 / 49.4Bearish
Supertrend (10,3)

Price is above Supertrend

$215.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.38 / $248.91Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

30.6Bearish
MACD (12,26,9)

Histogram is negative

-0.649Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.1 / 10.6Bullish
Williams %R (14)

Oversold zone

-85.9Bullish
CCI (20)

Balanced zone

-59.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$5.1 (2.27%)Range
Bollinger Bands (20,2)

Width 23.60%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$241.2 / $227.09Range
ATR channel lower / upper

Current Volatility Envelope

$219.84 / $230.03Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

-32.60%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$266.45Range
Support

Nearest Downside Decision Level

$220.59Range

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