Technical Analysis for ALE - Allete, Inc.

Grade Last Price % Change Price Change
grade A 87.03 0.87% 0.75
ALE closed up 0.87 percent on Friday, October 18, 2019, on approximately normal volume. It was able to find support at its 50 day moving average.

Earnings due: Nov 6

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical ALE trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Three Weeks Tight Range Contraction 0.00%
Crossed Above 50 DMA Bullish 0.87%
NR7 Range Contraction 0.87%
NR7-2 Range Contraction 0.87%
Fell Below 50 DMA Bearish 1.67%
MACD Bearish Centerline Cross Bearish 1.67%
NR7 Range Contraction 1.67%
BB Squeeze Ended Range Expansion 1.67%

Older signals for ALE ...

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Basic chart:
Profile
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.
Energy Natural Gas Wood Products Energy Solutions Natural Gas Customers Coal Mining Operations Duke Energy Real Estate Investment Activities Water Services
Is ALE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 88.6
52 Week Low 72.42
Average Volume 198,430
200-Day Moving Average 82.8025
50-Day Moving Average 86.166
20-Day Moving Average 86.839
10-Day Moving Average 86.434
Average True Range 1.1474
ADX 12.57
+DI 20.4355
-DI 21.02
Chandelier Exit (Long, 3 ATRs ) 85.15779999999999
Chandelier Exit (Short, 3 ATRs ) 88.5722
Upper Bollinger Band 88.2842
Lower Bollinger Band 85.3938
Percent B (%b) 0.57
BandWidth 3.328458
MACD Line -0.0035
MACD Signal Line 0.0624
MACD Histogram -0.0659
Fundamentals Value
Market Cap 4.43 Billion
Num Shares 50.9 Million
EPS 3.40
Price-to-Earnings (P/E) Ratio 25.60
Price-to-Sales 2.86
Price-to-Book 2.00
PEG Ratio 4.70
Dividend 2.14
Dividend Yield 2.46%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 89.03
Resistance 3 (R3) 88.87 88.04 88.69
Resistance 2 (R2) 88.04 87.54 88.12 88.58
Resistance 1 (R1) 87.54 87.22 87.79 87.70 88.47
Pivot Point 86.71 86.71 86.84 86.79 86.71
Support 1 (S1) 86.21 86.21 86.46 86.37 85.59
Support 2 (S2) 85.38 85.89 85.46 85.48
Support 3 (S3) 84.88 85.38 85.37
Support 4 (S4) 85.04