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(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 2025-05-21 View latest technical analysis

10 day averaged volume of Allete Inc is 324830

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed May 2025	65.01	65.11	65.20	64.96	0.57 times
20 Tue May 2025	65.23	65.10	65.26	65.09	0.588 times
19 Mon May 2025	65.15	65.04	65.18	64.96	0.601 times
16 Fri May 2025	65.13	65.08	65.17	65.02	1.611 times
15 Thu May 2025	65.08	64.99	65.20	64.95	1.368 times
14 Wed May 2025	65.71	65.59	65.77	65.59	1.025 times
13 Tue May 2025	65.70	65.67	65.80	65.56	0.881 times
12 Mon May 2025	65.58	65.55	65.64	65.42	1.223 times
09 Fri May 2025	65.45	65.51	65.53	65.39	0.787 times
08 Thu May 2025	65.49	65.71	65.71	65.36	1.029 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.2, but if it comes above 65.2, then a intra day buy could be more profitable.
If you take a sell trade below 65.2, then use 65.2 as stoploss and 64.9 as target. However if you take a buy trade in stock , then use 65.2 as stoploss and 65.37 as target.

Share price targets for Allete Inc (ALE)

Target Type	Value
Downside Target	64.15
Upside Target	65.36
Upside Target	65.52
Upside Target	65.71
Upside Target	65.77
Upside Target	65.80
Upside Target	65.85
Upside Target	65.95
Upside Target	65.99

Intraday share price targets for Allete Inc (ALE)

Target Type	Value
Downside Intraday Target	64.89
Downside Intraday Target	64.78
Upside Intraday Target	65.19
Upside Intraday Target	65.38
Upside Intraday Target	65.08

Weekly technical analysis of Allete Inc (ALE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed May 2025	65.01	65.04	65.26	64.96	0.288 times
16 Fri May 2025	65.13	65.55	65.80	64.95	1.424 times
09 Fri May 2025	65.45	65.39	65.71	65.36	0.771 times
02 Fri May 2025	65.47	65.10	65.52	65.10	1.641 times
25 Fri Apr 2025	65.19	64.74	65.35	64.61	4.433 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
21 Wed May 2025	65.01	65.33	65.80	64.95	0.565 times
30 Wed Apr 2025	65.49	65.54	65.77	64.15	1.403 times
31 Mon Mar 2025	65.70	65.61	65.85	64.92	1.024 times
28 Fri Feb 2025	65.69	65.68	65.99	65.28	0.615 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is losing 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 coming down

CCI has generated a SELL signal for Allete Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 65.36 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.