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Tale of the Tape  

Bearish MACD for Allete

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November 06, 2009 |Comments: 0
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ALE

Allete Inc.’s (ALE) MACD indicator has moved into bearish territory with a reading of -0.1048. The Zacks #5 Rank (“Strong Sell) stock declined more than 1% to $33.07 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has decreased by 12 cents over the past week to $2.01 per share.

Read the full analyst report on ALE

 
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