Disclaimer Statement

Updated:

Author: Engineer USC

ALL-PB Stock Forecast & The Allstate Corporation Chart Analysis

This article provides a detailed analysis of ALL-PB-The Allstate Corporation stock including a forecast for ALL-PB shares. It features The Allstate Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ALL-PB Historical Data Review

ALL-PB Current Price Performance Analysis

The The Allstate Corporation - ALL-PB stock traded on the American stock market, on 06-05-2024, closed at 25.79$ with a %-0.81 decreased compared to the previous day.

In the last month, the price of ALL-PB changed by %-1.94 decreased in value, from 26.3 dollars on 05-06-2024 to 25.79 dollars, decreased.

Last year, the price of ALL-PB was 25.56 dollars on 06-06-2023, and changed by %0.90 increased in value, to 25.79 dollars increased within a year.

The price of The Allstate Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

ALL-PB with AI Stock Forecast & Price Target

ALL-PB stock forecast The Allstate Corporation price target

On the ALL-PB chart The Allstate Corporation price was recorded as 25.79 Dollars on 06/05/2024.

The artificial intelligence's forecast on ALL-PB stock is as follows.

The artificial intelligence's prediction error margin for ALL-PB stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for The Allstate Corporation stock over the next 4 months is: 26.9 Dollars.

The commentary on ALL-PB stock Target Price: Highest: 27.417 Dollars is predicted.

The commentary on ALL-PB stock Target Price: Lowest: 26.234 Dollars is predicted.

Resistance Price where The Allstate Corporation stock will Rise and Fall:

Date Price Prediction
06-25-2024 27.012
09-03-2024 27.180
10-03-2024 27.115
12-02-2024 27.036
01-31-2025 26.962

Support Price where The Allstate Corporation stock will Fall and Rise:

Date Price Prediction
07-25-2024 26.234
11-07-2024 26.793
01-06-2025 26.768
02-25-2025 26.898

The commentary on ALL-PB stock: Fluctuations in the target price can be expected in the coming days.

The target price for The Allstate Corporation stock by the end of 2024 is predicted to be 26.809 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ALL-PB stock, and the 2024 target price predictions for The Allstate Corporation are detailed above.

The technical analysis and charts for the commentary on ALL-PB stock are below.

ALL-PB Support & Resistance and Trend Analysis

ALL-PB review The Allstate Corporation technical analysis trend chart ALL-PB priceALL-PB stock support and resistance price chart

ALL-PB stock you have reviewed the technical analysis support resistance charts regarding.

ALL-PB : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ALL-PB review, the The Allstate Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

The Allstate Corporation Support and Resistance Prices:

ALL-PB Support Level Price ALL-PB Resistance Level Price
25.14 25.72
25.38 25.74
25.48 25.95
25.55 26.06
25.65 26.15
25.68 26.40
25.73 26.42
25.82

ALL-PB Technical Analysis: SMA, RSI, MACD

ALL-PB review The Allstate Corporation SMA chart analysis ALL-PB priceALL-PB buy or sell review The Allstate Corporation MACD chart analysis ALL-PB price

Upon reviewing the ALL-PB chart, buy and sell signals have been generated in the The Allstate Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for ALL-PB stock are as follows:
  1. The technical analysis for The Allstate Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for The Allstate Corporation stock: Click here to read more predictions on Loblaw Companies Limited stock.

Click here for price target predictions and technical analysis charts of other American stocks