(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 2025-02-21 View latest technical analysis
10 day averaged volume of Allete Inc is 285770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Feb 2025 | 65.51 | 65.75 | 65.75 | 65.37 | 1.021 times |
| 20 Thu Feb 2025 | 65.46 | 65.38 | 65.71 | 65.38 | 0.598 times |
| 19 Wed Feb 2025 | 65.42 | 65.61 | 65.77 | 65.41 | 1.56 times |
| 18 Tue Feb 2025 | 65.84 | 65.30 | 65.84 | 65.30 | 1.644 times |
| 14 Fri Feb 2025 | 65.42 | 65.41 | 65.44 | 65.28 | 1.445 times |
| 13 Thu Feb 2025 | 65.89 | 65.66 | 65.93 | 65.66 | 1.08 times |
| 12 Wed Feb 2025 | 65.91 | 65.62 | 65.99 | 65.62 | 0.825 times |
| 11 Tue Feb 2025 | 65.80 | 65.60 | 65.80 | 65.60 | 0.621 times |
| 10 Mon Feb 2025 | 65.68 | 65.55 | 65.74 | 65.55 | 0.69 times |
| 07 Fri Feb 2025 | 65.63 | 65.51 | 65.63 | 65.50 | 0.789 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 65.5 as stoploss in an intra day buy trade for a target of 65.62. However, stock will show a bearish move below 65.5.
Share price targets for Allete Inc (ALE)
| Target Type | Value |
| Downside Target | 63.80 |
| Downside Target | 65.50 |
| Upside Target | 65.67 |
| Upside Target | 65.81 |
| Upside Target | 65.84 |
| Upside Target | 65.91 |
| Upside Target | 65.95 |
| Upside Target | 65.99 |
Intraday share price targets for Allete Inc (ALE)
| Target Type | Value |
| Downside Intraday Target | 65.26 |
| Downside Intraday Target | 65.01 |
| Upside Intraday Target | 65.8 |
| Upside Intraday Target | 66.09 |
| Upside Intraday Target | 65.55 |
Weekly technical analysis of Allete Inc (ALE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Feb 2025 | 65.51 | 65.30 | 65.84 | 65.30 | 1.035 times |
| 14 Fri Feb 2025 | 65.42 | 65.55 | 65.99 | 65.28 | 0.781 times |
| 07 Fri Feb 2025 | 65.63 | 65.68 | 65.91 | 65.50 | 0.876 times |
| 31 Fri Jan 2025 | 65.62 | 65.60 | 65.81 | 65.35 | 1.38 times |
| 24 Fri Jan 2025 | 65.60 | 65.78 | 65.95 | 65.40 | 2.467 times |
Price has moved up 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 |
| 21 Fri Feb 2025 | 65.51 | 65.68 | 65.99 | 65.28 | 0.465 times |
| 31 Fri Jan 2025 | 65.62 | 64.75 | 65.95 | 64.72 | 1.709 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Allete Inc in short term but the sell signal is initial and weak.
Allete Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Allete Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 65.64 and Allete Inc (ALE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Allete Inc ( (ALE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Allete Inc in short term but the sell signal is initial and weak.
Allete Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Allete Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 65.64 and Allete Inc (ALE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.