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Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Allete, Inc. (NYSE:ALE)
Sidelines Mode (-55) - ALE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALE
The long-term trend has been DOWN since Sep 7th, 2021 at 66.430
The intermediate-term trend has been UP since Oct 13th, 2021 at 61.100
The short-term trend has been DOWN since Oct 19th, 2021 at 61.675
Smart Scan Analysis for ALE
Based on our trend formula, ALE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.130 | 62.280 | 61.250 | 61.395 | -0.765 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.160 | 125361 | 2021-10-21 15:59:49 |
| Year High | 80.94 | Year High Date | 2018-11-20 |
| Year Low | 66.64 | Year Low Date | 2018-02-06 |
| 52wk High | 73.0995 | 52wk High Date | 2021-08-06 |
| 52wk Low | 50.7455 | 52wk Low Date | 2020-10-29 |
| Year End Close | 40.98 | Average Volume | 373,707 |
| Shares Outstanding | 52,268 | Short Interest | 1,132,056 |
| % Institutional | 72.4 | Market Cap | 4,500M |
| Assets | 629,330,000M | Liabilities | 397,070,000M |
| P/E Ratio | 19.425 | Beta | 0.66 |
| Volatility | 18.32 |