(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 2025-05-23 View latest technical analysis
10 day averaged volume of Allete Inc is 307260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 64.98 | 65.00 | 65.17 | 64.78 | 0.955 times |
| 22 Thu May 2025 | 64.95 | 64.92 | 65.04 | 64.86 | 0.851 times |
| 21 Wed May 2025 | 65.01 | 65.11 | 65.20 | 64.96 | 0.602 times |
| 20 Tue May 2025 | 65.23 | 65.10 | 65.26 | 65.09 | 0.622 times |
| 19 Mon May 2025 | 65.15 | 65.04 | 65.18 | 64.96 | 0.636 times |
| 16 Fri May 2025 | 65.13 | 65.08 | 65.17 | 65.02 | 1.703 times |
| 15 Thu May 2025 | 65.08 | 64.99 | 65.20 | 64.95 | 1.446 times |
| 14 Wed May 2025 | 65.71 | 65.59 | 65.77 | 65.59 | 1.084 times |
| 13 Tue May 2025 | 65.70 | 65.67 | 65.80 | 65.56 | 0.932 times |
| 12 Mon May 2025 | 65.58 | 65.55 | 65.64 | 65.42 | 1.293 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.1, but if it comes above 65.1, then a intra day buy could be more profitable.
If you take a sell trade below 65.1, then use 65.1 as stoploss and 64.8 as target. However if you take a buy trade in stock , then use 65.1 as stoploss and 65.34 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 | 64.75 |
| Downside Intraday Target | 64.53 |
| Upside Intraday Target | 65.23 |
| Upside Intraday Target | 65.49 |
| Upside Intraday Target | 65.01 |
Weekly technical analysis of Allete Inc (ALE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 64.98 | 65.04 | 65.26 | 64.78 | 0.568 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 |
| 23 Fri May 2025 | 64.98 | 65.33 | 65.80 | 64.78 | 0.631 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Allete Inc in short term and the sell signal is strong.
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 65.27 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 negative.
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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Allete Inc in short term and the sell signal is strong.
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 65.27 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.