Allstate Bullish Moving Average Crossover Alert (ALL)
Today, shares of Allstate (NYSE:ALL) have advanced above their 10-day MA of $41.10 on a volume of 823K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Allstate has traded in a range of $26.01 to $42.81 and is now at $41.53, 60% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.7%.
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