ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) Stock Technical Analysis
TSX:ALA-PR-A - Toronto Stock Exchange - CA0213612090 - Currency: CAD
Overall ALA-PR-A gets a technical rating of 1 out of 10. ALA-PR-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month ALA-PR-A has a been trading in the 19.18 - 21.42 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALA-PR-A has an average volume of 4515 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, ALA-PR-A turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
ALA-PR-A is an average performer in the Gas Utilities industry, it outperforms 57% of 8 stocks in the same industry.
ALA-PR-A is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ALA-PR-A does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
18.22
22.07
We found 3 important support areas.
- A support zone ranging from 19.75 to 19.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.71 to 19.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @21.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 21.75 to 21.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.08
Mansfield1.1
10 Day High20.12
10 Day Low19.18
20 Day High21.42
20 Day Low19.18
52 Week High21.91
52 Week Low17.4
Performance
1 Week1.27%
2 Weeks-0.45%
1 Month-4.96%
3 Month-8.46%
6 Month7.45%
12 Month8.5%
2 Year33.45%
3 Year17.95%
5 Year85.21%
10 Year0.81%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)42.39
LBB18.96
UBB21.1
TSX:ALA-PR-A (4/21/2025, 7:00:00 PM)
19.91
+0.16 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.81%
1 Week1.27%
2 Weeks-0.45%
1 Month-4.96%
3 Month-8.46%
6 Month7.45%
12 Month8.5%
2 Year33.45%
3 Year17.95%
5 Year85.21%
10 Year0.81%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.6%
ATR Inc-53.38%
Range Today0.21
ADR(20)0.27
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.08
Mansfield1.1
10 Day High20.12
10 Day Low19.18
20 Day High21.42
20 Day Low19.18
52 Week High21.91
52 Week Low17.4
CS1 End19.84
CR1 Start21.31
Volume & EV
DER(3)0%
DER(5)0%
Volume2.70K
Volume Incr-70.28%
Vol(5)1.64K
Vol(50)4.52K