See how the Rectangle is playing out for LNT. View live chart.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Bullish continuation if preceding move was up.
Consolidation. Can break either way.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Market participants tracking Alliant Energy should note the latest formation. Currently at $73.11, the asset is showing upward momentum (0.84%). Our AI has detected a valid Bullish Flag pattern. Volume is average (0.44x avg) with moderate trend strength (11.2). A potential breakout level is identified at $75.76, targeting $83.92 with support near $70.89 (R:R 1.67).
What is your outlook on LNT?