ALGOMA CENTRAL CORP (ALC.CA) Stock Technical Analysis
TSX:ALC - Toronto Stock Exchange - CA0156441077 - Common Stock - Currency: CAD
Taking everything into account, ALC scores 5 out of 10 in our technical rating. In the last year, ALC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: ALC has an average volume of 7211 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ALC has a been trading in the 14.42 - 15.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ALC outperforms 42% of them, which is more or less in line with the market.
ALC 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.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ALC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.95
15.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.74 to 14.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.40 to 14.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.09 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.10 to 15.45. 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
CRS42.37
Mansfield-0.07
10 Day High15.5
10 Day Low14.42
20 Day High15.5
20 Day Low14.42
52 Week High15.6
52 Week Low14.03
Performance
1 Week-0.53%
2 Weeks0.33%
1 Month0.67%
3 Month1.21%
6 Month5.56%
12 Month1.15%
2 Year-4.76%
3 Year-13.29%
5 Year65.38%
10 Year-10.18%
15 Year1848.05%
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)53.08
LBB14.65
UBB15.16
TSX:ALC (3/7/2025, 7:00:00 PM)
15
+0.25 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.69%
1 Week-0.53%
2 Weeks0.33%
1 Month0.67%
3 Month1.21%
6 Month5.56%
12 Month1.15%
2 Year-4.76%
3 Year-13.29%
5 Year65.38%
10 Year-10.18%
15 Year1848.05%
Volatility
ATR(14)0.26
ATR(20)%1.73%
ATR Inc-28.06%
Range Today0.25
ADR(20)0.24
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.37
Mansfield-0.07
10 Day High15.5
10 Day Low14.42
20 Day High15.5
20 Day Low14.42
52 Week High15.6
52 Week Low14.03
CS1 End14.99
CR1 Start15.1
Volume & EV
DER(3)-1.71%
DER(5)-4.86%
Volume6.07K
Volume Incr15.69%
Vol(5)10.06K
Vol(50)7.21K