ALGOMA STEEL GROUP INC -CW26 (ASTLW) Stock Technical Analysis
NASDAQ:ASTLW - Nasdaq - - Currency: USD
We assign a technical rating of 0 out of 10 to ASTLW. ASTLW 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.
When comparing the yearly performance of all stocks, ASTLW is a bad performer in the overall market: 95% of all stocks are doing better.
ASTLW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ASTLW has a been trading in the 0.85 - 1.49 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: ASTLW has an average volume of 29150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of ASTLW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.91
1.18
We can see 2 important resistance areas.
- Resistance @1.10 from a trend line in the daily time frame.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS5.02
Mansfield-3.83
10 Day High1.36
10 Day Low0.85
20 Day High1.49
20 Day Low0.85
52 Week High2.4
52 Week Low0.78
Performance
1 Week-9.41%
2 Weeks-29.62%
1 Month-32.72%
3 Month-59.51%
6 Month-44.12%
12 Month-31.2%
2 Year-49.73%
3 Year-56.22%
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)30.39
LBB0.88
UBB1.35
NASDAQ:ASTLW (2/21/2025, 8:02:01 PM)
0.915
-0.05 (-5.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.67%
1 Week-9.41%
2 Weeks-29.62%
1 Month-32.72%
3 Month-59.51%
6 Month-44.12%
12 Month-31.2%
2 Year-49.73%
3 Year-56.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%12.66%
ATR Inc-52.51%
Range Today0.06
ADR(20)0.11
ADR(20)%11.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.02
Mansfield-3.83
10 Day High1.36
10 Day Low0.85
20 Day High1.49
20 Day Low0.85
52 Week High2.4
52 Week Low0.78
CS1 EndN/A
CR1 Start1.1
Volume & EV
DER(3)-4.47%
DER(5)-26.1%
Volume25.00K
Volume Incr10.78%
Vol(5)22.96K
Vol(50)29.15K