Bearish MACD for Allete – Zacks Tale of the Tape - StraightStocks

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Bearish MACD for Allete – Zacks Tale of the Tape
Nov 06, 2009 04:14 PM UTC

StraightStocks

Return	Risk
-6.13%	MID

Analyst

Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
ALE	n/a

Via StraightStocks:

Allete Inc.’s (ALE) MACD indicator has moved into bearish territory with a reading of -0.1048. The Zacks #5 Rank (“Strong Sell) stock declined more than 1% to $33.07 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has decreased by 12 cents over the past week to $2.01 per share.
"ALE" Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research

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