ALLETE INC (ALE)

US0185223007 - Common Stock

64.5  -0.1 (-0.15%)

After market: 64.35 -0.15 (-0.23%)

Technical Rating and Analysis

5

Overall ALE gets a technical rating of 5 out of 10. ALE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ALE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALE is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ALE outperforms 56% of them, which is more or less in line with the market.
ALE is an average performer in the Electric Utilities industry, it outperforms 54% of 47 stocks in the same industry.
In the last month ALE has a been trading in a tight range between 64.35 and 65.19.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALE Weekly chart
ALE Daily chart
Setup Rating and Analysis

8

ALE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 64.43, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.63

66.20

We found 2 important support areas.

  • A support zone ranging from 63.79 to 64.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @62.25 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 64.54 to 65.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.33
Mansfield-0.56
10 Day High64.86
10 Day Low64.36
20 Day High65.19
20 Day Low64.35
52 Week High65.86
52 Week Low55.86
Performance
1 Week-0.22%
2 Weeks-0.06%
1 Month0.23%
3 Month1.02%
6 Month2.53%
12 Month4.66%
2 Year-0.02%
3 Year-2.79%
5 Year-20.54%
10 Year16.98%
15 Year97.37%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)46.85
LBB64.39
UBB64.9
ALE Daily chart

ALLETE INC

NYSE:ALE (12/20/2024, 8:04:00 PM)

After market: 64.35 -0.15 (-0.23%)

64.5

-0.1 (-0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.15%
1 Week-0.22%
2 Weeks-0.06%
1 Month0.23%
3 Month1.02%
6 Month2.53%
12 Month4.66%
2 Year-0.02%
3 Year-2.79%
5 Year-20.54%
10 Year16.98%
15 Year97.37%
Volatility
ATR(14)0.29
ATR(20)%0.48%
ATR Inc8.38%
Range Today0.3
ADR(20)0.3
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.33
Mansfield-0.56
10 Day High64.86
10 Day Low64.36
20 Day High65.19
20 Day Low64.35
52 Week High65.86
52 Week Low55.86
CS1 End64.43
CR1 Start64.54
Volume & EV
DER(3)-5.33%
DER(5)-2.61%
Volume1.04M
Volume Incr56.65%
Vol(5)471.04K
Vol(50)289.58K