Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Allete, Inc (NYSE:ALE)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_ALE
Open High Low ALE Price Change
79.9000 80.1283 79.3500 80.0000 +0.6100
Entry Signal

MarketClub’s Trade Triangles for ALE

long term down The long term trend has been DOWN since Dec 26th, 2018 at 72.75

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2019 at 76.29

short term up The short term trend has been UP since Feb 15th, 2019 at 78.61

Smart Scan Analysis for ALE

Based on a pre-defined weighted trend formula for chart analysis, ALE scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ALE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.9000 80.1283 79.3500 80.0000 +0.6100
Prev. Close Volume Bid Ask Time
79.3900 118194 2019-02-19 13:29:03
Year High80.94Year High Date2018-11-20
Year Low66.64Year Low Date2018-02-06
52wk High82.8252wk High Date2018-12-04
52wk Low67.0752wk Low Date2018-03-06
Year End Close40.98Average Volume230,779
Shares Outstanding51,425Short Interest1,132,056
% Institutional72.4Market Cap4,082M
Assets273.2MLiabilities283.4M
P/E Ratio26.5Beta0.66
Volatility18.32
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