ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ALA-PR-B • CA0213613080
Overall ALA-PR-B gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALA-PR-B is only an average performer.
- Warning: ALA-PR-B has an average volume of 6109 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALA-PR-B is part of the Gas Utilities industry. There are 6 other stocks in this industry. ALA-PR-B outperforms 80% of them.
- ALA-PR-B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, ALA-PR-B turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- In the last month ALA-PR-B has a been trading in a tight range between 24.59 and 25.32.
- Volume is considerably higher in the last couple of days.
Although ALA-PR-B has an excellent technical rating, it does not offer a high 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
20.27
We found 5 important support areas.
- A support zone ranging from 24.49 to 24.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.02 from a horizontal line in the daily time frame.
- Support @21.85 from a trend line in the weekly time frame.
- A support zone ranging from 20.95 to 21.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.47 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.08 to 25.30. 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-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALA-PR-B.CA is up. |
| ChartMill Relative Strength | 53.52 | NEUTRAL | ALA-PR-B.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-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALA-PR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA-PR-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for ALA-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ALA-PR-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests ALA-PR-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.26 | NEUTRAL | The ADX value for ALA-PR-B.CA suggests a possible start of a new trend. |
TSX:ALA-PR-B (9/26/2025, 7:00:00 PM)
24.98
+0.01 (+0.04%)
ALTAGAS LTD - ALACN 5.08 PERP / ALA-PR-B.CA FAQ
Can you provide the ChartMill technical rating for ALTAGAS LTD - ALACN 5.08 PERP?
ChartMill assigns a technical rating of 8 / 10 to ALA-PR-B.CA.
Can you provide the trend direction for ALTAGAS LTD - ALACN 5.08 PERP?
The current trend direction for ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) is Bullish.
What is the RSI signal for ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) stock?
ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) has an RSI value of 53.7103. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ALTAGAS LTD - ALACN 5.08 PERP?
The buy/sell signal for ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ALA-PR-B stock?
ALTAGAS LTD - ALACN 5.08 PERP (ALA-PR-B.CA) has a support level at 24.69 and a resistance level at 25.08. Check the full technical report for our detailed analysis of ALA-PR-B.CA support and resistance levels.