ALLIANT ENERGY CORP (LNT) Stock Technical Analysis
NASDAQ:LNT - US0188021085 - Common Stock
65.07 USD
+0.05 (+0.08%)
65.07 USD
0 (0%)
Overall LNT gets a technical rating of 6 out of 10. In the last year, LNT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
LNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LNT is lagging the market slightly.
LNT has an average volume of 1952490 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 60% of all stocks.
LNT is part of the Electric Utilities industry. There are 47 other stocks in this industry, LNT did better than 63% of them.
In the last month LNT has a been trading in a tight range between 64.00 and 67.11.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 64.01, a Stop Loss order could be placed below this zone.
More info and screens
55.67
67.64
3 important support areas can be observed.
- A support zone ranging from 62.30 to 64.01. 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.
- 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 65.40 to 66.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for LNT is neutral. |
| ChartMill Relative Strength | 60.26 | NEUTRAL | LNT is not amongst the best or worst performers 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) | 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) | 49.64 | NEUTRAL | The RSI value for LNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests LNT has a negative trend. |
| Stochastics (14,3) | 41.69 | NEUTRAL | The Stochastics value for LNT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for LNT suggests low volalility. |
| Average Directional Index/ADX (14) | 25.3 | 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 |
|---|---|---|---|
| 65.77 | 64.38 | 1.39 (2.11%) | 25.00% |
| An entry @65.77. This is a Buy Stop order right above the 10 day moving average. | An exit @64.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.39 points, which is 2.11%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LNT. Please evaluate whether better entry and exit points can be found.
- 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.
65.07
+0.05 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.08%
1 Week-2.84%
2 Weeks0.7%
1 Month-0.61%
3 Month4.56%
6 Month0.84%
12 Month11.67%
2 Year29.7%
3 Year6.6%
5 Year20.17%
10 Year129.65%
15 Year271.62%
Volatility
ATR(14)0.95
ATR(20)%1.45%
ATR Inc-16.09%
Range Today0.71
ADR(20)0.93
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.26
Mansfield-0.33
10 Day High67.11
10 Day Low64.4
20 Day High67.11
20 Day Low64
52 Week High67.11
52 Week Low56.08
CS1 End64.01
CR1 Start65.4
Volume & EV
DER(3)-0.59%
DER(5)-1.49%
Volume1.67M
Volume Incr-19.33%
Vol(5)1.65M
Vol(50)1.95M