ALGOMA STEEL GROUP INC (ASTL) Stock Technical Analysis
NASDAQ:ASTL - Nasdaq - CA0156581070 - Common Stock - Currency: USD
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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASTL is a bad performer in the overall market: 89% of all stocks are doing better.
ASTL is part of the Metals & Mining industry. There are 152 other stocks in this industry, of which 92% are performing better than ASTL.
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.
ASTL has an average volume of 1246220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ASTL has a been trading in the 4.17 - 5.86 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 poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
4.49
5.31
We found 1 important support area.
- Support @4.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.14 to 5.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.26 from a horizontal 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
CRS11.63
Mansfield-3.77
10 Day High5.56
10 Day Low4.51
20 Day High5.86
20 Day Low4.17
52 Week High12.14
52 Week Low4.17
Performance
1 Week6.88%
2 Weeks11.52%
1 Month-11.4%
3 Month-42.03%
6 Month-47.55%
12 Month-34.73%
2 Year-30.58%
3 Year-46.39%
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)0.13
RSI(14)46.35
LBB4.32
UBB5.24
5.13
-0.12 (-2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.29%
1 Week6.88%
2 Weeks11.52%
1 Month-11.4%
3 Month-42.03%
6 Month-47.55%
12 Month-34.73%
2 Year-30.58%
3 Year-46.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%7.59%
ATR Inc14.16%
Range Today0.52
ADR(20)0.37
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.63
Mansfield-3.77
10 Day High5.56
10 Day Low4.51
20 Day High5.86
20 Day Low4.17
52 Week High12.14
52 Week Low4.17
CS1 End4.54
CR1 Start5.14
Volume & EV
DER(3)-0.15%
DER(5)0.47%
Volume1.12M
Volume Incr-4.72%
Vol(5)996.76K
Vol(50)1.25M