Is ALLETE, Inc. technically bullish or bearish?

Sep 20 2025 07:08 PM IST
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As of September 2, 2025, ALLETE, Inc. has a bearish technical trend with moderate strength, indicated by bearish MACD and moving averages, and has underperformed the S&P 500 with a year-to-date return of -1.10% compared to 12.22%.
As of 2 September 2025, the technical trend for ALLETE, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly chart. Additionally, the Dow Theory indicates a mildly bearish trend on both weekly and monthly time frames.

In terms of performance, ALLETE has underperformed the S&P 500 across multiple periods, with a year-to-date return of -1.10% compared to the S&P 500's 12.22% and a one-year return of 0.53% versus the S&P 500's 17.14%.
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