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- 4/26/2024 -
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Alliant Energy Corp (LNT) Technical Analysis

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Summary:
Weekly :Overbought sectorPrice is near the Fibonacci 23.6% retracement level
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtA Parabolic SAR indicator is above and near the priceDaily  MACD line has moved above its signal line
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It was the negative week for the Alliant Energy Corp (LNT). During the week, the LNT gave back -0.23 points, or -0.46%, and closed at 49.59 on Friday, April 26, 2024. Weekly volume was -11% below average.

LNT is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LNT long-term trend chart]
A long-term downtrend had started on April 11, 2022 at 65.37 and reached 45.15 on October 3, 2023. LNT lost 20.22 points, or 30.93%, in 77 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See LNT medium-term trend chart]
A medium-term uptrend had started on March 1, 2024 at 46.80 and reached 50.61 on April 1, 2024. LNT gained -3.81 points, or -8.14%, in 4 weeks. The price is now at the 26.77% retracement level.

Weekly Technical Indicators: [See LNT weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since March 22, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See LNT short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 47.23 and reached 50.53 on April 25, 2024. LNT gained -3.30 points, or -6.99%, in 9 days. The price is now at the 28.48% retracement level.

Daily Technical Indicators: [See LNT daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

A Parabolic SAR (stop and reversal) indicator (49.28) comes close to the price (49.59). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.02
Williams' Percentage Range (W%R) 10.60
Overbought
Lane's Stochastic (%D-Slow) 87.52
Overbought
Greed/Fear Indicator (GFI) 75.96
Moving Average Converg./Diverg. (MACD) 0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.08
Williams' Percentage Range (W%R) 51.10
Lane's Stochastic (%D-Slow) 64.79
Greed/Fear Indicator (GFI) 55.14
Moving Average Converg./Diverg. (MACD) -0.62
Trading Signals
Description Value Chart
Upper Bollinger Band 50.91
Daily Stochastic Crossing 50.14
Price 49.59
Parabolic System 49.28
Weekly Stochastic Crossing 49.21
20 Day Moving Average 49.21
50 Day Moving Average 48.86
Lower Bollinger Band 47.64
Sector and Industry
Description Name Rank
Sector Utilities 11
Industry Electric Utilities 102
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 50.53
High Date 04/25/2024
Low 49.47
Low Date 04/26/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 47.23
Low Date 04/16/2024
High 50.53
High Date 04/25/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 46.80
Low Date 03/01/2024
High 50.61
High Date 04/01/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 53.85
High Date 12/14/2023
Low 46.80
Low Date 03/01/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 65.37
High Date 04/11/2022
Low 45.15
Low Date 10/03/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.