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ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) Stock Technical Analysis

TSX:ASTL-WT - Toronto Stock Exchange - - Currency: CAD

1.4  -0.05 (-3.45%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ASTL-WT. ASTL-WT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than ASTL-WT.
ASTL-WT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ASTL-WT has a been trading in the 1.39 - 2.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ASTL-WT has an average volume of 2364 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Weekly stock chart
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Daily stock chart
Setup Rating and Analysis

2

The technical rating of ASTL-WT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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
CRS6.58
Mansfield-3.62
10 Day High1.94
10 Day Low1.39
20 Day High2.24
20 Day Low1.39
52 Week High3.31
52 Week Low1.14
Performance
1 Week-22.65%
2 Weeks-28.93%
1 Month-38.33%
3 Month-57.58%
6 Month-27.08%
12 Month-15.15%
2 Year-46.15%
3 Year-47.37%
5 YearN/A
10 YearN/A
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)30.76
LBB1.43
UBB2.11
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Daily stock chart

ALGOMA STEEL GROUP INC -CW26

TSX:ASTL-WT (2/21/2025, 7:00:00 PM)

1.4

-0.05 (-3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.45%
1 Week-22.65%
2 Weeks-28.93%
1 Month-38.33%
3 Month-57.58%
6 Month-27.08%
12 Month-15.15%
2 Year-46.15%
3 Year-47.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.95%
ATR Inc58.97%
Range Today0
ADR(20)0.06
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.58
Mansfield-3.62
10 Day High1.94
10 Day Low1.39
20 Day High2.24
20 Day Low1.39
52 Week High3.31
52 Week Low1.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr171.81%
Vol(5)1.96K
Vol(50)2.36K