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 »

Also see:
• Top Ten Hedge Funds Holding CVA
• GVHR Videos
• GTE Historical Stock Prices

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

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.