Allstate Corp- ALL

Commentary:
For today's chart we've chosen to take a look at ALL because several resistance levels are suggesting that the bulls will have a difficult time pushing the stock back above its broken trendline. As you can see from the chart below, We've added the Parabolic SAR indicator, which is currently located near the broken trendline and the November/January swing lows. These technical factors suggest that the $62.50 level will act as strong resistance and that we may see a move toward the support near $58 (blue line).