Technical Analysis for ALE - Allete, Inc.

Grade Last Price % Change Price Change
grade A 82.11 0.45% 0.37
ALE closed up 0.45 percent on Friday, May 17, 2019, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Three Weeks Tight Range Contraction 0.00%
50 DMA Resistance Bearish 0.45%
20 DMA Support Bullish 0.45%
Outside Day Range Expansion 0.45%
50 DMA Resistance Bearish 0.97%
NR7 Range Contraction 0.97%
NR7-2 Range Contraction 0.97%
Fell Below 50 DMA Bearish 0.93%
180 Bearish Setup Bearish Swing Setup 0.93%

Older signals for ALE ...

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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: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 84.26
52 Week Low 70.46
Average Volume 194,646
200-Day Moving Average 78.2245
50-Day Moving Average 81.734
20-Day Moving Average 81.144
10-Day Moving Average 81.882
Average True Range 1.3326
ADX 11.39
+DI 23.7292
-DI 18.4042
Chandelier Exit (Long, 3 ATRs ) 79.2022
Chandelier Exit (Short, 3 ATRs ) 82.8528
Upper Bollinger Band 83.2098
Lower Bollinger Band 79.0782
Percent B (%b) 0.73
BandWidth 5.091689
MACD Line 0.202
MACD Signal Line 0.1079
MACD Histogram 0.0941
Fundamentals Value
Market Cap 4.18 Billion
Num Shares 50.9 Million
EPS 3.40
Price-to-Earnings (P/E) Ratio 24.15
Price-to-Sales 2.86
Price-to-Book 2.00
PEG Ratio 4.70
Dividend 2.14
Dividend Yield 2.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 83.73
Resistance 3 (R3) 83.70 83.14 83.46
Resistance 2 (R2) 83.14 82.72 83.15 83.37
Resistance 1 (R1) 82.62 82.47 82.88 82.65 83.28
Pivot Point 82.06 82.06 82.19 82.07 82.06
Support 1 (S1) 81.54 81.64 81.80 81.57 80.94
Support 2 (S2) 80.98 81.39 80.99 80.85
Support 3 (S3) 80.46 80.98 80.76
Support 4 (S4) 80.49