ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) Stock Technical Analysis
Canada - TSX:ALA-PR-A - CA0213612090
We assign a technical rating of 7 out of 10 to ALA-PR-A. Although ALA-PR-A is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ALA-PR-A also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.98, 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
20.78
We found 4 important support areas.
- A support zone ranging from 24.52 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.62 from a horizontal line in the daily time frame.
- Support @21.60 from a trend line in the weekly time frame.
- Support @20.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.07 to 25.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALA-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALA-PR-A.CA is up. |
| ChartMill Relative Strength | 67.91 | NEUTRAL | ALA-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALA-PR-A.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALA-PR-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.11 | NEUTRAL | The RSI value for ALA-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ALA-PR-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.89 | OVERSOLD | The low Stochastics value suggests ALA-PR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.82 | NEGATIVE | The low ADX value for ALA-PR-A.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.06 | 24.95 | 0.11 (0.44%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the 10 day high. | An exit @24.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 0.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ALA-PR-A (9/29/2025, 7:00:00 PM)
25
+0.01 (+0.04%)
ALTAGAS LTD - ALACN 3.06 PERP / ALA-PR-A.CA FAQ
What is the ChartMill technical rating of ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to ALA-PR-A.CA.
What is the current trend direction of ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) stock?
The current trend direction for ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) is Bullish.
What is the RSI signal for ALA-PR-A stock?
ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) has an RSI value of 55.1072. This indicates that the stock is currently neutral.
What is the MACD signal for ALA-PR-A stock?
The MACD indicator for ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) has a value of -0.0345761, indicating a bearish trend.
What is the buy/sell signal for ALA-PR-A stock?
The buy/sell signal for ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) is buy as both the short term and long term trends are positive.