ALLIANT ENERGY CORP (LNT) Stock Technical Analysis
NASDAQ:LNT - Nasdaq - US0188021085 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LNT. Although LNT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that LNT is one of the better performing stocks in the market, outperforming 73% of all stocks.
In the last month LNT has a been trading in the 59.97 - 63.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LNT has an average volume of 2173820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LNT is an average performer in the Electric Utilities industry, it outperforms 63% of 47 stocks in the same industry.
LNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LNT is lagging the market slightly.
Although the technical rating is bad, LNT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 61.06, a Stop Loss order could be placed below this zone.
More info and screens
55.67
66.70
We found 3 important support areas.
- A support zone ranging from 60.42 to 61.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.15 to 58.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 56.23 to 56.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.21 to 62.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.32 to 64.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.04 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for LNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNT is neutral. |
| ChartMill Relative Strength | 73.57 | POSITIVE | LNT has a high relative strength, it outperformed 73.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNT is below a declining 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) | 48.15 | NEUTRAL | The RSI value for LNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.85 | NEUTRAL | The Stochastics value for LNT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for LNT suggests low volalility. |
| Average Directional Index/ADX (14) | 10.31 | NEGATIVE | The low ADX value for LNT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
61.08
-0.45 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.73%
1 Week0.99%
2 Weeks-1.85%
1 Month-1.02%
3 Month-2.97%
6 Month1.04%
12 Month22.55%
2 Year16.39%
3 Year4.21%
5 Year27.68%
10 Year111.64%
15 Year284.88%
Volatility
ATR(14)0.79
ATR(20)%1.47%
ATR Inc-33.11%
Range Today0.69
ADR(20)0.86
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.57
Mansfield-0.17
10 Day High62.46
10 Day Low59.97
20 Day High63.94
20 Day Low59.97
52 Week High66.54
52 Week Low49.4
CS1 End61.06
CR1 Start61.21
Volume & EV
DER(3)0.31%
DER(5)0.41%
Volume1.69M
Volume Incr-35.26%
Vol(5)1.58M
Vol(50)2.17M