Large Inflow of Money Detected in Allstate Corporation (The)

Allstate Corporation (The) (ALL): $1.13 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.3. The value of trades done on upticks was $4.86 million, whereas, trades done on downticks were valued at $3.73 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $1.22 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $1.22 million. Allstate Corporation (The) (ALL) fell $0.01 traded at $69.27, a change of -0.01% over the previous day. The stock is -0.56% for the week.


The stock has recorded a 20-day Moving Average of 1.83% and the 50-Day Moving Average is 2.77%. Shares have rallied 3.48% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $70.12 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $67.66 and the 200 Day Moving Average price is recorded at $65.07.

Allstate Corporation (The) (NYSE:ALL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.62 and $69.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.31, notching a gain of 0.04% for the day. The total traded volume was 1,454,451 . The stock had closed at $69.28 on the previous day.

In an insider trading activity, Shebik Steven E, officer (EVP & Chief Financial Officer) of Allstate Corp, unloaded 20,000 shares at an average price of $67.46 on June 3, 2016. The total amount of the transaction was worth $1,349,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. The principal geographic markets for its auto, homeowners, and other personal property and casualty products are in the United States. Through its subsidiaries, it sells various types of personal property and casualty insurance products in around 50 states, the District of Columbia and Puerto Rico. It sells private passenger auto and homeowners insurance through agencies, contact centers and Internet. It sells these products under Allstate, Esurance and Encompass brand names.

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