Technical Analysis for ALE - Allete, Inc.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Fell Below 20 DMA | Bearish | 0.00% | |
NR7 | Range Contraction | -0.92% | |
NR7-2 | Range Contraction | -0.92% | |
Narrow Range Bar | Range Contraction | -0.92% | |
Inside Day | Range Contraction | -0.92% | |
20 DMA Support | Bullish | -1.57% | |
NR7 | Range Contraction | -1.57% | |
Gapped Down | Weakness | -1.57% | |
MACD Bullish Signal Line Cross | Bullish | -1.30% | |
Doji - Bearish? | Reversal | -1.30% |
Alert | Time |
---|---|
60 Minute Opening Range Breakdown | about 19 hours ago |
Fell Below 20 DMA | about 19 hours ago |
20 DMA Support | about 19 hours ago |
Fell Below Previous Day's Low | about 22 hours ago |
Possible NR7 | 2 days ago |
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- Earnings date: 05/09/2024
Allete, Inc. Description
ALLETE, Inc., together with its subsidiaries, primarily engages in the generation, transmission, and distribution of coal-fired, hydro, wind, and biomass co-fired power in the United States. The company operates in two segments, Regulated Operations, and Investments and Other. The Regulated Operations segment engages in the retail and wholesale of regulated electric, natural gas, and water services. It provides regulated utility electric services to approximately 143,000 residential and commercial customers and 16 municipalities in Minnesota, as well as 1 private utility in Wisconsin; and 15,000 electric customers, 12,000 natural gas customers, and 10,000 water customers in northwestern Wisconsin. This segment owns and operates 170 substations with a capacity of 11,322 megavolt amperes. The Investments and Other segment is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It also provides seller financing; and develops or acquires projects that focuses on creating energy solutions via wind, solar, biomass, hydro, natural gas/liquids, shale resources, clean coal, and other clean energy innovations. In addition, this segment engages in the non-rate base generation; and holds approximately 6,100 acres of land in Minnesota. The company primarily serves taconite mining, iron concentrate, paper, pulp and wood products, and pipeline industries. ALLETE, Inc. was founded in 1906 and is headquartered in Duluth, Minnesota.
Classification
Sector: Utilities
Industry: Utilities - Regulated Electric
Keywords: Natural Gas Clean Energy Wood Products Biomass Energy Solutions Coal Mining Water Services Electric Services Natural Gas Customers Coal Mining Operations Taconite
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 62.9038 |
52 Week Low | 48.0647 |
Average Volume | 274,620 |
200-Day Moving Average | 56.36 |
50-Day Moving Average | 58.32 |
20-Day Moving Average | 59.25 |
10-Day Moving Average | 58.96 |
Average True Range | 1.00 |
RSI (14) | 50.50 |
ADX | 13.04 |
+DI | 23.45 |
-DI | 22.76 |
Chandelier Exit (Long, 3 ATRs) | 58.02 |
Chandelier Exit (Short, 3 ATRs) | 59.65 |
Upper Bollinger Bands | 61.02 |
Lower Bollinger Band | 57.48 |
Percent B (%b) | 0.44 |
BandWidth | 5.97 |
MACD Line | 0.26 |
MACD Signal Line | 0.24 |
MACD Histogram | 0.0189 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 60.18 | ||||
Resistance 3 (R3) | 60.31 | 60.04 | 59.99 | ||
Resistance 2 (R2) | 60.04 | 59.74 | 59.98 | 59.92 | |
Resistance 1 (R1) | 59.53 | 59.56 | 59.40 | 59.41 | 59.86 |
Pivot Point | 59.27 | 59.27 | 59.20 | 59.20 | 59.27 |
Support 1 (S1) | 58.76 | 58.97 | 58.62 | 58.63 | 58.18 |
Support 2 (S2) | 58.49 | 58.79 | 58.43 | 58.12 | |
Support 3 (S3) | 57.98 | 58.49 | 58.05 | ||
Support 4 (S4) | 57.86 |