ALE

Allete Breaks Above 200-Day Moving Average - Bullish for ALE

In trading on Tuesday, shares of Allete Inc (Symbol: ALE) crossed above their 200 day moving average of $60.92, changing hands as high as $61.72 per share. Allete Inc shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of ALE shares, versus its 200 day moving average:

Allete Inc 200 Day Moving Average Chart

Looking at the chart above, ALE's low point in its 52 week range is $47.77 per share, with $67.45 as the 52 week high point — that compares with a last trade of $61.18.

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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