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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.

NYSE_ALE
Open High Low ALE Price Change
62.130 62.280 61.250 61.395 -0.765
Entry Signal

MarketClub’s Trade Triangles for ALE

long term down The long-term trend has been DOWN since Sep 7th, 2021 at 66.430

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 61.100

short term down 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).

-55
Smart Scan Analysis for ALE
Strong Downtrend Sideways 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 High80.94Year High Date2018-11-20
Year Low66.64Year Low Date2018-02-06
52wk High73.099552wk High Date2021-08-06
52wk Low50.745552wk Low Date2020-10-29
Year End Close40.98Average Volume373,707
Shares Outstanding52,268Short Interest1,132,056
% Institutional72.4Market Cap4,500M
Assets629,330,000MLiabilities397,070,000M
P/E Ratio19.425Beta0.66
Volatility18.32
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