ALLIANT ENERGY CORP (LNT) Stock Technical Analysis
NASDAQ:LNT • US0188021085
Taking everything into account, LNT scores 8 out of 10 in our technical rating. Although LNT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by LNT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month LNT has a been trading in the 64.93 - 72.40 range, which is quite wide. It is currently trading near the high of this range.
- LNT has an average volume of 2599290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, LNT turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- LNT is part of the Electric Utilities industry. There are 46 other stocks in this industry, LNT did better than 44% of them.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, LNT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
63.19
We found 2 important support areas.
- A support zone ranging from 65.74 to 69.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.83 to 64.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 72.35 to 72.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNT is up. |
| ChartMill Relative Strength | 61.17 | NEUTRAL | LNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.36 | OVERBOUGHT | The high RSI value suggests LNT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.96 | OVERBOUGHT | The high Stochastics value suggests LNT may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for LNT suggests low volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for LNT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 72.36 | 69.49 | 2.87 (3.97%) | 25.00% |
| An entry @72.36. This is a Buy Stop order right above the resistance zone. | An exit @69.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.87 points, which is 3.97%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
72.34
+0.89 (+1.25%)
ALLIANT ENERGY CORP / LNT FAQ
What is the ChartMill technical rating of ALLIANT ENERGY CORP (LNT) stock?
ChartMill assigns a technical rating of 8 / 10 to LNT.
What is the current trend direction of ALLIANT ENERGY CORP (LNT) stock?
The current trend direction for ALLIANT ENERGY CORP (LNT) is Bullish.
Can you provide the RSI signal for ALLIANT ENERGY CORP?
ALLIANT ENERGY CORP (LNT) has an RSI value of 70.3602. This indicates that the stock is currently overbought.
What is the MACD signal for ALLIANT ENERGY CORP (LNT) stock?
The MACD indicator for ALLIANT ENERGY CORP (LNT) has a value of 0.244173, indicating a bearish trend.
What is the short term momentum for ALLIANT ENERGY CORP (LNT) stock?
The short term momentum for ALLIANT ENERGY CORP (LNT) is positive.