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Allete Inc (ALE)
NYSE:ALE

Allete (ALE) Technical Analysis

257 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
5Neutral
3Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Allete Inc’s (ALE) Moving Averages Convergence Divergence (MACD) indicator is 0.40, suggesting Allete Inc is a Sell.
Allete Inc’s (ALE) 20-Day exponential moving average is 63.23, while Allete Inc’s (ALE) share price is $64.53, making it a Buy.
Allete Inc’s (ALE) 50-Day exponential moving average is 62.46, while Allete Inc’s (ALE) share price is $64.53, making it a Buy.

Allete (ALE) Pivot Points

Jul 23, 2024, 03:12 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
62.51
62.79
63.24
63.53
63.98
64.27
64.72
Fibonacci
62.79
63.07
63.24
63.53
63.81
63.98
64.27
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Allete (ALE) Moving Averages

Jul 23, 2024, 03:12 AM
Period
Simple
Exponential
MA5
63.87Buy
63.91Buy
MA10
63.59Buy
63.59Buy
MA20
62.94Buy
63.23Buy
MA50
62.93Buy
62.46Buy
MA100
60.63Buy
61.09Buy
MA200
58.32Buy
58.70Buy
Allete Inc’s (ALE) 10-Day exponential moving average is 63.59, while Allete Inc’s (ALE) share price is $64.53, making it a Buy.
Allete Inc’s (ALE) 100-Day exponential moving average is 61.09, while Allete Inc’s (ALE) share price is $64.53, making it a Buy.
Allete Inc’s (ALE) stock price is $64.53 and Allete Inc’s (ALE) 50-day simple moving average is 62.93, creating a Buy signal.
Allete Inc’s (ALE) stock price is $64.53 and Allete Inc’s (ALE) 100-day simple moving average is 60.63, creating a Buy signal.
Allete Inc’s (ALE) stock price is $64.53 and Allete Inc’s (ALE) 200-day simple moving average is 58.32, creating a Buy signal.

Allete (ALE) Technical Indicators

Jul 23, 2024, 03:12 AM
Name
Value
Implied Action
RSI (14)
69.72
Neutral
STOCH (9,6)
74.10
Neutral
STOCHRSI (14)
79.27
Neutral
MACD (12,26)
0.40
Sell
ADX (14)
27.77
Neutral
Williams %R
-2.42
Sell
CCI (14)
130.21
Sell
ATR (14)
0.69
-
Ultimate Oscillator
49.91
Neutral
ROC
3.85
Buy
Allete Inc’s (ALE) Relative Strength Index (RSI) is 69.72, creating a Neutral signal.
Allete Inc’s (ALE) Trend Strength Indicator (ADX) is 27.77, creating a Neutral signal.
Allete Inc’s (ALE) Commodity Channel Index (CCI) is 130.21, creating a Sell signal.
Allete Inc’s (ALE) Price Rate of Change (ROC) is 3.85, creating a Buy signal.

FAQ

Is ALE a Buy, Hold, or Sell?
Based on ALE’s technical indicators, ALE is a Buy.
    What is ALE’s RSI (14)?
    ALE’s RSI (14) is 69.72, which suggests ALE is a Neutral.
      What is ALE’s MACD?
      ALE’s MACD is 0.40, which suggests ALE is a Sell.
        What is ALE’s 5-day moving average?
        ALE’s 5-day moving average is 63.87, which suggests ALE is a Buy.
          What is ALE’s 20-day moving average?
          ALE 20-day moving average is 62.94, which suggests ALE is a Buy.
            What is ALE’s 50-day moving average?
            ALE’s 50-day moving average is 62.93, which suggests ALE is a Buy.
              What is ALE’s 200-day moving average?
              ALE’s 200-day moving average is 58.32, which suggests ALE is a Buy.
                What is ALE’s Williams % R (14)?
                ALE’s Williams % R (14) is -2.42, which suggests ALE is a Sell.
                  What is ALE’s CCI (14)?
                  ALE’s CCI (14) is 130.21, which suggests ALE is a Sell.
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