US stock / ETF

The Allstate Corporation

ALL · NYSE · USD

1 hourBearish74%
1h Downside probability 74%Bearish

ALL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $258.82 and stabilize above resistance $261.81.

Invalidation Trigger

Break above $261.81 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 43.6, MACD -0.415

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9203 (0.36%)

1h

EMA Structure

Bearish
EMA 8$258.1Bearish
EMA 21$258.82Bearish
EMA 50$259Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.6 · MACD -0.415

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9203 · BB 2.70%

Low volatility

Strength
Bullish
Volume
MFI 84.7 · OBV 21.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$256.76 - $261.81

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+1.95% · 5.5 ATR above latest close

$262.73
Nearest resistance

+1.59% · 4.5 ATR above · 34-bar high

$261.81
Current price

Price shown is delayed

$257.7
Nearest support

-0.37% · 1.0 ATR below · 34-bar low

$256.76
Deeper support zone

-0.72% · 2.0 ATR below latest close

$255.83
ATR zone

Latest close ± ATR14

$256.78 - $258.62

Indicators

Trend

Dow Theory Structure

Confirmation $256.84, invalidation $258.34

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

Trend strength is active

41.6 / 10.4 / 49.7Bearish
Supertrend (10,3)

Price is above Supertrend

$254.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.14 / $257.67Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$0.9203 (0.36%)Bullish
Bollinger Bands (20,2)

Width 2.70%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$261.13 / $256.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$256.78 / $258.62Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$261.81Range
Support

Nearest Downside Decision Level

$256.76Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-0.415Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.7 / 13.1Bullish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-76.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

84.7Bullish
OBV slope

20-period OBV slope

21.45%Bullish
Volume ratio

Relative to 20-period average volume

7.28xBullish

Trend

Dow Theory Structure

Confirmation $256.84, invalidation $258.34

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

Trend strength is active

41.6 / 10.4 / 49.7Bearish
Supertrend (10,3)

Price is above Supertrend

$254.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.14 / $257.67Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-0.415Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.7 / 13.1Bullish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-76.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.9203 (0.36%)Bullish
Bollinger Bands (20,2)

Width 2.70%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$261.13 / $256.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$256.78 / $258.62Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

84.7Bullish
OBV slope

20-period OBV slope

21.45%Bullish
Volume ratio

Relative to 20-period average volume

7.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$261.81Range
Support

Nearest Downside Decision Level

$256.76Range

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