ALLETE, Inc.
Why Is ALLETE, Inc. (ALE) Stock Down Today?
Live update on ALE's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
ALLETE, Inc. (ALE) is trading down -0.08% at $65.88, reflecting a negative shift in investor sentiment today. The stock opened at $66.02 and has moved between $65.75 and $66.07 so far.
Trading volume is 350500, which is 25% below its average, and the price action suggests selling interest.
Technically, ALE is trading above its 50-day moving average of $65.10 and above its 200-day moving average of $65.09, indicating short-term and long-term strength.
Meyka's AI assigns ALE a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -1.62% in 1 month ($64.81), +14.66% in 1 year ($75.54), and +55.51% in 5 years ($102.45).
In context, the broader Utilities sector is down -0.73% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
ALE Technical Signals
Trading over 50-day moving average ($65.10)
Trading over 200-day moving average ($65.09)
Sector Context
The Utilities sector is down -0.73% today, with the Diversified Utilities industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
$64.81
1 Year
$75.54
3 Years
$88.98
5 Years
$102.45
Is this change significant?
5-Day:-0.78%
1-Month:-1.30%
3-Month:-1.02%
What's next?
Next earnings date: 7/30/2025