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Allstate Bullish Moving Average Crossover Alert (ALL)

By Nick Russo

Today, shares of Allstate (NYSE:ALL) have crossed bullishly above their 10-day moving average of $84.31 on a volume of 324K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Allstate share prices have been bracketed by a low of $54.12 and a high of $86.03 and are now at $84.52, 56% above that low price. The 200-day and 50-day moving averages have moved 0.06% lower and 0.24% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Allstate and will alert subscribers who have ALL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses allstate

Ticker(s): ALL