(ALE) Allete Inc complete technical analysis [charts+indicators] | Buy/Sell Allete Inc | (ALE) share price targets
Complete technical analysis of Allete Inc (ALE) by charts plus indicators, forecast predictions and share price targets for Allete Inc (ALE)
Allete Inc trades in USA in Public Utilities sector.
Showing technical analysis as on 2025-01-08 View latest technical analysis
10 day averaged volume of Allete Inc is 322987
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 65.30 | 64.84 | 65.36 | 64.84 | 1.791 times |
| 08 Wed Jan 2025 | 65.30 | 64.84 | 65.36 | 64.84 | 1.791 times |
| 07 Tue Jan 2025 | 64.95 | 64.83 | 65.05 | 64.81 | 0.703 times |
| 06 Mon Jan 2025 | 64.98 | 64.85 | 65.11 | 64.77 | 1.264 times |
| 03 Fri Jan 2025 | 65.04 | 64.94 | 65.17 | 64.81 | 0.72 times |
| 02 Thu Jan 2025 | 64.90 | 64.75 | 65.06 | 64.72 | 1.353 times |
| 31 Tue Dec 2024 | 64.80 | 64.55 | 65.06 | 64.55 | 0.645 times |
| 30 Mon Dec 2024 | 64.63 | 64.45 | 64.74 | 64.35 | 0.715 times |
| 27 Fri Dec 2024 | 64.43 | 64.55 | 64.59 | 64.41 | 0.736 times |
| 26 Thu Dec 2024 | 64.61 | 64.30 | 64.61 | 64.30 | 1.126 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 65.3, for a target of 65 or 64.74
Share price targets for Allete Inc (ALE)
| Target Type | Value |
| Downside Target | 63.25 |
| Downside Target | 64.77 |
| Downside Target | 64.81 |
| Downside Target | 64.84 |
| Downside Target | 65.06 |
| Downside Target | 65.17 |
| Upside Target | 65.36 |
| Upside Target | 65.67 |
Intraday share price targets for Allete Inc (ALE)
| Target Type | Value |
| Downside Intraday Target | 64.97 |
| Downside Intraday Target | 64.65 |
| Upside Intraday Target | 65.49 |
| Upside Intraday Target | 65.69 |
| Downside Intraday Target | 65.17 |
Weekly technical analysis of Allete Inc (ALE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 65.30 | 64.84 | 65.36 | 64.84 | 0.476 times |
| 08 Wed Jan 2025 | 65.30 | 64.85 | 65.36 | 64.77 | 1.095 times |
| 03 Fri Jan 2025 | 65.04 | 64.45 | 65.17 | 64.35 | 0.939 times |
| 27 Fri Dec 2024 | 64.43 | 64.55 | 64.69 | 64.30 | 0.583 times |
| 20 Fri Dec 2024 | 64.50 | 64.63 | 64.81 | 64.36 | 1.068 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Allete Inc (ALE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 65.30 | 64.75 | 65.36 | 64.72 | 0.443 times |
| 31 Tue Dec 2024 | 64.80 | 65.00 | 65.06 | 64.30 | 1.073 times |
| 26 Tue Nov 2024 | 64.87 | 63.81 | 65.67 | 63.80 | 0.965 times |
| 31 Thu Oct 2024 | 63.91 | 64.13 | 64.67 | 63.81 | 1.052 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Allete Inc (ALE)
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Allete Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Allete Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Allete Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Allete Inc in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Allete Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.97 and Allete Inc (ALE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Allete Inc (ALE) stock. Volume based technical analysis of Allete Inc (ALE) stock is negative.
Allete Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Allete Inc ( (ALE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Allete Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Allete Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Allete Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Allete Inc in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Allete Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.97 and Allete Inc (ALE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Allete Inc (ALE) stock. Volume based technical analysis of Allete Inc (ALE) stock is negative.
Allete Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.