Allstate's 15min chart sees RSI oversold and KDJ golden cross.

Based on the Allstate's 15-minute chart, the Relative Strength Index (RSI) has reached oversold levels, while the KDJ indicator has formed a golden cross at 09/05/2025 13:45. This suggests that the stock price has declined precipitously and is now trading below its fundamental support level. However, the momentum of the stock price is shifting towards the upside, indicating a potential increase in value in the coming days.

Based on the latest technical analysis, Allstate Corporation (The) stock (NYSE:ALL) is showing signs of a potential reversal in its downward trend. The Relative Strength Index (RSI) has reached oversold levels, indicating a significant decline in the stock price. Furthermore, the KDJ indicator has formed a golden cross, suggesting a shift in momentum towards the upside. These indicators, combined with the recent trading data, provide a compelling case for investors to consider.

On Thursday, September 4, 2025, Allstate's stock price gained 1.84%, rising from $204.57 to $208.33. This is a positive development, as the stock has been in a weak rising trend in the short term. The stock has fallen in 6 of the last 10 days, but the recent price increase suggests that the downward momentum may be waning [1].

The RSI, which measures the speed and change of price movements, has reached levels typically considered oversold. This indicates that the stock has declined precipitously and is now trading below its fundamental support level. However, the KDJ indicator, which is used to identify trends and potential trend reversals, has formed a golden cross. This signal suggests that the stock price is shifting towards the upside and could see an increase in value in the coming days [2].

The stock's recent performance also indicates that it may be a buy candidate. Analysts have upgraded their ratings for Allstate, with several firms raising target prices. Keefe, Bruyette & Woods raised their target price to $246.00, while Raymond James Financial set their target at $260.00. These upgrades reflect optimism about Allstate's prospects and could contribute to further price appreciation [2].

In addition to the technical indicators, Allstate's recent earnings results were positive. The company reported earnings per share (EPS) of $5.94, beating analysts' consensus estimates by $2.74. This strong performance indicates that the company is well-positioned to continue its growth trajectory [2].

However, investors should remain cautious and conduct thorough due diligence before making any investment decisions. The stock's recent volatility and the potential for further price fluctuations should be considered. Additionally, the ongoing geopolitical uncertainties and market conditions may impact Allstate's performance.

In conclusion, Allstate Corporation (The) stock shows signs of a potential reversal in its downward trend, as indicated by the RSI and KDJ indicators. The recent price increase, analyst upgrades, and strong earnings results suggest that the stock may be a buy candidate. However, investors should exercise caution and consider the potential risks before making any investment decisions.

References:
[1] https://stockinvest.us/stock/ALL
[2] https://www.marketbeat.com/instant-alerts/filing-aqr-capital-management-llc-has-41724-million-position-in-the-allstate-corporation-all-2025-09-03/