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ALTAGAS LTD (ALA.CA) Stock Technical Analysis

TSX:ALA - Toronto Stock Exchange - CA0213611001 - Common Stock - Currency: CAD

37.42  +1.37 (+3.8%)

Technical Rating and Analysis

10

Taking everything into account, ALA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ALA has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ALA did better than 81% of all other stocks. We also observe that the gains produced by ALA over the past year are nicely spread over this period.
ALA is part of the Gas Utilities industry. There are 8 other stocks in this industry. ALA outperforms 85% of them.
ALA is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month ALA has a been trading in the 34.18 - 38.02 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALTAGAS LTD / ALA Weekly stock chart
ALTAGAS LTD / ALA Daily stock chart
Setup Rating and Analysis

2

Although ALA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

31.82

37.79

We found 2 important support areas.

  • A support zone ranging from 33.95 to 35.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 32.14 to 33.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.68
Mansfield1.14
10 Day High38.02
10 Day Low34.18
20 Day High38.02
20 Day Low34.18
52 Week High38.02
52 Week Low28.63
Performance
1 Week5.56%
2 Weeks7.28%
1 Month7.22%
3 Month9.03%
6 Month8.87%
12 Month29.17%
2 Year66.09%
3 Year33.64%
5 Year193.49%
10 Year-11.45%
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)0.2
RSI(14)73.07
LBB33.74
UBB36.97
ALTAGAS LTD / ALA Daily stock chart

ALTAGAS LTD

TSX:ALA (3/7/2025, 7:00:00 PM)

37.42

+1.37 (+3.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg3.8%
1 Week5.56%
2 Weeks7.28%
1 Month7.22%
3 Month9.03%
6 Month8.87%
12 Month29.17%
2 Year66.09%
3 Year33.64%
5 Year193.49%
10 Year-11.45%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.81%
ATR Inc107.91%
Range Today2.02
ADR(20)0.67
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.68
Mansfield1.14
10 Day High38.02
10 Day Low34.18
20 Day High38.02
20 Day Low34.18
52 Week High38.02
52 Week Low28.63
CS1 End35.59
CR1 StartN/A
Volume & EV
DER(3)3.84%
DER(5)3.21%
Volume2.02M
Volume Incr94.62%
Vol(5)1.39M
Vol(50)773.76K