ALE
ALLETE, Inc. Utilities - Utilities - Diversified Investor Relations →
ALLETE, Inc. (ALE) closed at $67.90 as of 2025-12-08, trading 18.2% above its 200-week moving average of $57.47. The stock moved further from the line this week, up from 17.8% last week. With a 14-week RSI of 91, ALE is in overbought territory.
Over the past 2733 weeks of data, ALE has crossed below its 200-week moving average 23 times. On average, these episodes lasted 23 weeks. The average one-year return after crossing below was -2.0%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $3.9 billion, ALE is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 2.6%. The stock trades at 1.4x book value.
Share count has increased 8.8% over three years, indicating dilution.
Over the past 33 years, a hypothetical investment of $100 in ALE would have grown to $4159, compared to $2805 for the S&P 500. That represents an annualized return of 12.0% vs 10.6% for the index — confirming ALE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ALE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALE Crosses Below the Line?
Across 13 historical episodes, buying ALE when it crossed below its 200-week moving average produced an average return of +0.5% after 12 months (median -2.0%), compared to +7.4% for the S&P 500 over the same periods. 38% of those episodes were profitable after one year. After 24 months, the average return was +9.1% vs +21.2% for the index.
Each line shows $100 invested at the moment ALE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALE has crossed below its 200-week MA 23 times with an average 1-year return of +-2.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1973 | Sep 1973 | 7 | 10.5% | -26.9% | +58893.2% |
| Oct 1973 | Jun 1975 | 87 | 32.9% | -31.7% | +57060.3% |
| Jun 1975 | Nov 1975 | 19 | 8.9% | +11.3% | +64709.4% |
| Dec 1975 | Dec 1975 | 2 | 0.3% | +16.9% | +64709.4% |
| Oct 1978 | Jan 1979 | 13 | 5.0% | -4.5% | +58893.2% |
| Feb 1979 | Mar 1979 | 4 | 2.1% | -13.9% | +58146.5% |
| Mar 1979 | Apr 1979 | 1 | 0.5% | -21.9% | +57418.4% |
| Apr 1979 | Jun 1979 | 7 | 3.3% | -6.8% | +57060.3% |
| Jul 1979 | Nov 1981 | 121 | 24.3% | -4.3% | +56708.3% |
| Dec 1981 | Jan 1982 | 5 | 4.5% | +21.2% | +62933.8% |
| Dec 2007 | Apr 2008 | 18 | 13.3% | -19.2% | +262.5% |
| Jul 2008 | Aug 2008 | 2 | 5.6% | -17.7% | +237.5% |
| Oct 2008 | Apr 2010 | 80 | 39.3% | -1.0% | +284.6% |
| May 2010 | Jun 2010 | 6 | 3.2% | +19.6% | +258.5% |
| Jun 2010 | Jul 2010 | 1 | 2.5% | +29.1% | +268.9% |
| Feb 2020 | Mar 2021 | 54 | 29.6% | -6.0% | +25.1% |
| Mar 2021 | Apr 2021 | 2 | 0.9% | +1.6% | +22.2% |
| Jun 2021 | Jun 2021 | 1 | 1.6% | -10.4% | +23.1% |
| Sep 2021 | Dec 2021 | 16 | 11.3% | -0.6% | +26.9% |
| Jan 2022 | Nov 2022 | 44 | 23.4% | +3.7% | +22.1% |
| Jan 2023 | Feb 2023 | 4 | 2.5% | +1.4% | +26.2% |
| Mar 2023 | Mar 2023 | 1 | 1.2% | +0.5% | +26.3% |
| Jun 2023 | Dec 2023 | 24 | 8.6% | +13.4% | +29.3% |
| Average | 23 | — | +-2.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2025-12-08