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Allstate Corp Crosses Above its 10-day MA (ALL)

By Nick Russo

Today, shares of Allstate Corp (NYSE:ALL) have advanced above their 10-day MA of $93.62 on a volume of 307K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Allstate Corp share prices have been bracketed by a low of $85.59 and a high of $105.36 and are now at $93.88, 10% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses allstate corp

Ticker(s): ALL