ALGOMA STEEL GROUP INC (ASTL.CA) Stock Technical Analysis
TSX:ASTL - Toronto Stock Exchange - CA0156581070 - Common Stock - Currency: CAD
Overall ASTL gets a technical rating of 0 out of 10. ASTL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ASTL is a bad performer in the overall market: 93% of all stocks are doing better.
ASTL is one of the lesser performing stocks in the Metals & Mining industry. 85% of 799 stocks in the same industry do better.
ASTL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ASTL has a been trading in the 5.91 - 8.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ASTL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.06
8.26
2 important resistance areas can be observed.
- Resistance @7.30 from a horizontal line in the daily time frame.
- Resistance @8.18 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.37
Mansfield-3.79
10 Day High7.4
10 Day Low6.28
20 Day High8.37
20 Day Low5.91
52 Week High16.83
52 Week Low5.91
Performance
1 Week7.06%
2 Weeks10.71%
1 Month-14.1%
3 Month-43.9%
6 Month-47.69%
12 Month-34.1%
2 Year-28.49%
3 Year-41.84%
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)0.18
RSI(14)44.78
LBB6.07
UBB7.28
TSX:ASTL (4/25/2025, 7:00:00 PM)
7.13
-0.16 (-2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.19%
1 Week7.06%
2 Weeks10.71%
1 Month-14.1%
3 Month-43.9%
6 Month-47.69%
12 Month-34.1%
2 Year-28.49%
3 Year-41.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%7.32%
ATR Inc-23.92%
Range Today0.3
ADR(20)0.49
ADR(20)%6.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.37
Mansfield-3.79
10 Day High7.4
10 Day Low6.28
20 Day High8.37
20 Day Low5.91
52 Week High16.83
52 Week Low5.91
CS1 EndN/A
CR1 Start7.3
Volume & EV
DER(3)7.6%
DER(5)5.44%
Volume150.69K
Volume Incr-14.15%
Vol(5)197.36K
Vol(50)194.38K