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ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865

25.28 CAD
+0.09 (+0.36%)
Last: 11/21/2025, 7:00:00 PM
Technical Rating and Analysis

3

Overall ALA-PR-G gets a technical rating of 3 out of 10. In the last year, ALA-PR-G was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

ALA-PR-G is part of the Gas Utilities industry. There are 6 other stocks in this industry, of which 80% are performing better than ALA-PR-G.
Warning: ALA-PR-G has an average volume of 4681 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALA-PR-G is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALA-PR-G is leading the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, ALA-PR-G turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
In the last month ALA-PR-G has a been trading in a tight range between 25.19 and 25.50.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALTAGAS LTD - ALACN 6.017 PERP / ALA-PR-G Weekly stock chart
ALTAGAS LTD - ALACN 6.017 PERP / ALA-PR-G Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, ALA-PR-G does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.68

25.90

We found 3 important support areas.

  • A support zone ranging from 25.24 to 25.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.93 to 24.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 21.90 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 25.30 to 25.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ALA-PR-G.CA is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ALA-PR-G.CA is down.
ChartMill Relative Strength48.09NEUTRALALA-PR-G.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ALA-PR-G.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALA-PR-G.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ALA-PR-G.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)48.1NEUTRALThe RSI value for ALA-PR-G.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ALA-PR-G.CA has a negative trend.
Stochastics (14,3)9.68OVERSOLDThe low Stochastics value suggests ALA-PR-G.CA may be oversold.
Average True Range in percent/ATR (20)0.33LOW VOLATILITYThe low ATR as a percentage value for ALA-PR-G.CA suggests low volalility.
Average Directional Index/ADX (14)13.18NEGATIVEThe low ADX value for ALA-PR-G.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ALTAGAS LTD - ALACN 6.017 PERP / ALA-PR-G Daily stock chart

ALTAGAS LTD - ALACN 6.017 PERP

TSX:ALA-PR-G (11/21/2025, 7:00:00 PM)

25.28

+0.09 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.36%
1 Week-0.28%
2 Weeks-0.28%
1 Month-0.67%
3 Month0.28%
6 Month2.93%
12 Month10.49%
2 Year19.19%
3 Year46.04%
5 Year51.83%
10 Year19.7%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.33%
ATR Inc108.65%
Range Today0.06
ADR(20)0.05
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.09
3 months CRS39.47
6 months CRS35.64
Mansfield-0.46
10 Day High25.5
10 Day Low25.19
20 Day High25.5
20 Day Low25.19
52 Week High25.64
52 Week Low21.78
CS1 End25.27
CR1 Start25.3
Volume & EV
DER(3)0%
DER(5)0%
Volume4.24K
Volume Incr68.67%
Vol(5)8.59K
Vol(50)4.68K

ALTAGAS LTD - ALACN 6.017 PERP / ALA-PR-G.CA FAQ

Can you provide the ChartMill technical rating for ALTAGAS LTD - ALACN 6.017 PERP?

ChartMill assigns a technical rating of 3 / 10 to ALA-PR-G.CA.


Can you provide the trend direction for ALTAGAS LTD - ALACN 6.017 PERP?

The current trend direction for ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is Bullish.


What is the RSI signal for ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) stock?

ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) has an RSI value of 48.1024. This indicates that the stock is currently neutral.


What is the short term momentum for ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) stock?

The short term momentum for ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is negative.


What is the support and resistance level for ALA-PR-G stock?

ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) has a support level at 25.27 and a resistance level at 25.3. Check the full technical report for our detailed analysis of ALA-PR-G.CA support and resistance levels.