The Hourly View for LNT
Currently, LNT (Get Ratings)’s price is down $0 (0%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
LNT’s Technical Outlook on the Daily Chart
At the time of this writing, LNT’s price is down $-0.11 (-0.21%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows LNT’s price action over the past 90 days.
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The post Alliant Energy Corp (LNT): Price Down $-0.11 (-0.21)% Over Past Day, Down $0 (0)% Over Past Hour appeared first on ETF Daily News.
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