Allstate's most recent trend suggests a bearish bias. One trading opportunity on Allstate is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 18.76% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 by expiration. The full premium credit of $0.79 would be kept by the premium seller. The risk of $4.21 would be incurred if the stock rose above the $90.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Allstate is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Allstate is bearish.
The RSI indicator is at 20.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allstate
Allstate Elevates Use of Aerial Imagery to Enhance Customer Service
Tue, 18 Dec 2018 14:00:00 +0000
NORTHBROOK, Ill., Dec. 18, 2018 /PRNewswire/ — Allstate customers who leave town ahead of a hurricane or wildfire may now have access to images of their homes shortly after the disaster. Allstate will have access to industry-leading aerial images and data that can help price insurance for new customers and help existing customers in their time of need.
Can Allstate (ALL) November Cat Loss Mar Q4 Growth Prospects?
Fri, 14 Dec 2018 15:14:03 +0000
Catastrophe loss might ail Allstate's (ALL) fourth-quarter results.
Allstate to Discuss Fourth Quarter 2018 Earnings With Investors
Thu, 13 Dec 2018 16:00:00 +0000
NORTHBROOK, Ill., Dec. 13, 2018 /PRNewswire/ — The Allstate Corporation (ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Wednesday, Feb. 6, 2019, to discuss fourth-quarter 2018 earnings. To view Allstate's quarterly results after the filing, including the earnings release and investor supplement, visit the SEC website at www.sec.gov. A list of preliminary dates and times for future earnings calls/webcasts also can be found on the Allstate investor website.
Allstate Announces Impact of California Wildfires
Thu, 13 Dec 2018 00:00:00 +0000
Allstate today announced estimated catastrophe losses for the month of November 2018 of $685 million, pre-tax ($541 million, after-tax). Catastrophe losses occurring in November comprised six events at an estimated cost of $679 million, pre-tax ($536 million, after-tax), plus unfavorable reserve reestimates of prior reported catastrophe losses.
How Allstate Insurance Makes Money (ALL)
Tue, 11 Dec 2018 19:14:04 +0000
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