- Naranj Research Desk
ALL — NYSE —
Current RSI of this stock is 69.36, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
MACD line has crossed the signal line from the below, generates bullish signal.
Based on our swing stock trading advisory in USA, Allstate Corporation stock price target will be USD 215 - USD 217 in the next 12-14 trading sessions.
Allstate Corporation and its subsidiaries offer property, casualty, and various insurance products in the U.S. and Canada. It operates in five segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. The Allstate Protection segment provides auto and homeowners insurance, along with other personal and commercial lines through agents and online. Protection Services offers consumer product protection, vehicle service contracts, roadside assistance, and identity theft protection under brands like Allstate Protection Plans and Arity. The Health and Benefits segment includes life, accident, and health insurance products for individuals and employers. The Run-off Property-Liability segment covers policies from the 1960s to mid-1980s. The Corporate segment handles debt services and non-insurance operations. Products are sold through various channels, including agents, retailers, and online. Allstate was founded in 1931 and is based in Northbrook, Illinois.
ALL — NYSE —
Current RSI of this stock is 69.36, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
MACD line has crossed the signal line from the below, generates bullish signal.
Based on our swing stock trading advisory in USA, Allstate Corporation stock price target will be USD 215 - USD 217 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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