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ALTAGAS LTD - ALACN 3.06 PERP (ALA-PR-A.CA) Stock Technical Analysis

TSX:ALA-PR-A - Toronto Stock Exchange - CA0213612090 - Currency: CAD

20.75  -0.1 (-0.48%)

Technical Rating and Analysis

3

Taking everything into account, ALA-PR-A scores 3 out of 10 in our technical rating. ALA-PR-A has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

Warning: ALA-PR-A has an average volume of 3537 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALA-PR-A is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ALA-PR-A slightly outperforms the market at the moment.
In the last month ALA-PR-A has a been trading in the 19.18 - 20.96 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ALA-PR-A turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
ALA-PR-A is part of the Gas Utilities industry. There are 6 other stocks in this industry, ALA-PR-A did better than 60% of them.
Weekly and Daily overview Charts
ALTAGAS LTD - ALACN 3.06 PERP / ALA-PR-A Weekly stock chart
ALTAGAS LTD - ALACN 3.06 PERP / ALA-PR-A Daily stock chart
Setup Rating and Analysis

3

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

Support and Resistance Analysis

18.22

22.07

We found 5 important support areas.

  • A support zone ranging from 20.48 to 20.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.89 to 20.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.03 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.71 from a horizontal line in the daily time frame.
  • Support @18.40 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 21.75 to 21.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS63.04
Mansfield0.5
10 Day High20.88
10 Day Low19.7
20 Day High20.96
20 Day Low19.18
52 Week High21.91
52 Week Low17.4
Performance
1 Week4.06%
2 Weeks4.38%
1 Month-1.43%
3 Month-4.07%
6 Month11.68%
12 Month10.96%
2 Year43.6%
3 Year13.57%
5 Year102.24%
10 Year1.77%
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)0.14
RSI(14)58.64
LBB19.36
UBB20.73
ALTAGAS LTD - ALACN 3.06 PERP / ALA-PR-A Daily stock chart

ALTAGAS LTD - ALACN 3.06 PERP

TSX:ALA-PR-A (5/2/2025, 7:00:00 PM)

20.75

-0.1 (-0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.48%
1 Week4.06%
2 Weeks4.38%
1 Month-1.43%
3 Month-4.07%
6 Month11.68%
12 Month10.96%
2 Year43.6%
3 Year13.57%
5 Year102.24%
10 Year1.77%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.57%
ATR Inc27.43%
Range Today0
ADR(20)0.24
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield0.5
10 Day High20.88
10 Day Low19.7
20 Day High20.96
20 Day Low19.18
52 Week High21.91
52 Week Low17.4
CS1 End20.67
CR1 Start21.75
Volume & EV
DER(3)0%
DER(5)0%
Volume2.60K
Volume Incr-45.32%
Vol(5)3.05K
Vol(50)3.54K