ALLIANT ENERGY CORP (LNT) Stock Technical Analysis
NASDAQ:LNT - Nasdaq - US0188021085 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to LNT. In the last year, LNT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Looking at the yearly performance, LNT did better than 83% of all other stocks.
In the last month LNT has a been trading in the 58.98 - 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 2255930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LNT is an average performer in the Electric Utilities industry, it outperforms 66% of 46 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 only medium, LNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 61.57, a Stop Loss order could be placed below this zone.
More info and screens
55.67
66.70
3 important support areas can be observed.
- A support zone ranging from 59.93 to 61.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 61.80 to 62.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
- A resistance zone ranging from 66.04 to 66.04. This zone is formed by a combination of multiple trend lines 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 | 83.09 | POSITIVE | LNT has a high relative strength, it outperformed 83.09% off all stocks 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) | 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) | 50.99 | NEUTRAL | The RSI value for LNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests LNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.8 | NEUTRAL | The Stochastics value for LNT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for LNT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | 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)
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 |
|---|---|---|---|
| 62.30 | 59.92 | 2.38 (3.82%) | 25.00% |
| An entry @62.30. This is a Buy Stop order right above the resistance zone. | An exit @59.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.38 points, which is 3.82%. | For a 0.96% 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.
61.72
+0.51 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.83%
1 Week-1.22%
2 Weeks-0.06%
1 Month1.61%
3 Month-1.74%
6 Month-2.53%
12 Month23.56%
2 Year19.94%
3 Year-3.29%
5 Year25.04%
10 Year101.37%
15 Year284.07%
Volatility
ATR(14)1.37
ATR(20)%2.13%
ATR Inc-3.3%
Range Today1.08
ADR(20)1.26
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.09
Mansfield0.29
10 Day High63.94
10 Day Low58.98
20 Day High63.94
20 Day Low58.98
52 Week High66.54
52 Week Low49.05
CS1 End61.57
CR1 Start61.8
Volume & EV
DER(3)0.31%
DER(5)0.28%
Volume1.16M
Volume Incr-10.07%
Vol(5)2.17M
Vol(50)2.26M