Allstate Corporation (The) (ALL) Shares are Up 0.92%

Allstate Corporation (The) (ALL) : Traders are bullish on Allstate Corporation (The) (ALL) as it has outperformed the S&P 500 by a wide margin of 0.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.42%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.92% in the last 1 week, and is up 0.16% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 0.55%.The 200 Day SMA reached 6.28%. The Allstate Corporation is up 2.46% in the last 3-month period. Year-to-Date the stock performance stands at 12.72%.


Allstate Corporation (The) (NYSE:ALL): After opening at $68.85, the stock dipped to an intraday low of $68.52 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.25 and the buying power remained strong till the end. The stock closed at $68.95 for the day, a gain of 0.42% for the day session. The total traded volume was 1,507,288. The stocks close on the previous trading day was $68.66.

The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. The principal geographic markets for its auto, homeowners, and other personal property and casualty products are in the United States. Through its subsidiaries, it sells various types of personal property and casualty insurance products in around 50 states, the District of Columbia and Puerto Rico. It sells private passenger auto and homeowners insurance through agencies, contact centers and Internet. It sells these products under Allstate, Esurance and Encompass brand names.

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