ALLIANT ENERGY CORP (LNT) Stock Technical Analysis
NASDAQ:LNT - Nasdaq - US0188021085 - Common Stock - Currency: USD
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.
LNT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LNT has an average volume of 1845160 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 67% of all stocks.
LNT is part of the Electric Utilities industry. There are 47 other stocks in this industry, LNT did better than 67% of them.
Besides having an excellent technical rating, LNT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 65.38, a Stop Loss order could be placed below this zone. 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
55.67
67.00
5 important support areas can be observed.
- A support zone ranging from 64.69 to 65.38. 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 61.77 to 63.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.55 to 60.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.15 from a horizontal line 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.
We found 1 important resistance area.
- A resistance zone ranging from 65.65 to 66.34. 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 | 67.02 | 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) | 60.28 | NEUTRAL | The RSI value for LNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.35 | NEUTRAL | The Stochastics value for LNT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for LNT suggests low volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for LNT suggests a strong 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)
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 |
|---|---|---|---|
| 66.35 | 64.68 | 1.67 (2.52%) | 25.00% |
| An entry @66.35. This is a Buy Stop order right above the resistance zone. | An exit @64.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.67 points, which is 2.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- 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.
65.64
-0.48 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.73%
1 Week0.26%
2 Weeks1.08%
1 Month5.73%
3 Month6.28%
6 Month10.38%
12 Month17.07%
2 Year30.84%
3 Year7.54%
5 Year21.22%
10 Year131.66%
15 Year274.87%
Volatility
ATR(14)1
ATR(20)%1.52%
ATR Inc-8.37%
Range Today1.26
ADR(20)0.97
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.02
Mansfield-0.13
10 Day High66.76
10 Day Low63.76
20 Day High66.76
20 Day Low61.61
52 Week High66.76
52 Week Low55.56
CS1 End65.38
CR1 Start65.65
Volume & EV
DER(3)-2.22%
DER(5)-2.82%
Volume1.92M
Volume Incr8.26%
Vol(5)2.00M
Vol(50)1.85M