ALTAGAS LTD - ALACN 5.09 PERP (ALA-PR-B.CA) Stock Technical Analysis
Canada - TSX:ALA-PR-B - CA0213613080
24.98 CAD
+0.01 (+0.04%)
Taking everything into account, ALA-PR-B scores 8 out of 10 in our technical rating. Although ALA-PR-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 one of the better performing stocks in the Gas Utilities industry, it outperforms 71% of 8 stocks in the same industry.
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 compared to the yearly performance of all other stocks, ALA-PR-B outperforms 55% of them, which is more or less in line with the market.
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 present a decent entry opportunity 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
25.55
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 | 55.98 | 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. |
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)
TSX:ALA-PR-B (9/26/2025, 7:00:00 PM)
24.98
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.04%
1 Week0.08%
2 Weeks-1.19%
1 Month0.52%
3 Month8.14%
6 Month8.66%
12 Month16.73%
2 Year43.56%
3 Year43.15%
5 Year110.8%
10 Year61.06%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.29%
ATR Inc-82.05%
Range Today0
ADR(20)0.01
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.98
Mansfield-0.1
10 Day High25.32
10 Day Low24.96
20 Day High25.32
20 Day Low24.59
52 Week High25.32
52 Week Low20.52
CS1 End24.69
CR1 Start25.08
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr51.72%
Vol(5)12.04K
Vol(50)6.11K