ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865
We assign a technical rating of 5 out of 10 to ALA-PR-G. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ALA-PR-G is a bad performer.
- 62% of all other stocks performed better in the past year than ALA-PR-G.
- Warning: ALA-PR-G has an average volume of 4359 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ALA-PR-G is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALA-PR-G is lagging the market slightly.
- ALA-PR-G is part of the Gas Utilities industry. There are 6 other stocks in this industry, ALA-PR-G did better than 60% of them.
- In the last month ALA-PR-G has a been trading in a tight range between 25.10 and 26.11.
- Considerably lower volume is observed in the last couple of days.
ALA-PR-G has an average technical rating and it also 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
21.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.10 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @24.55 from a horizontal line in the daily time frame.
- Support @24.15 from a horizontal line 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.
We found 1 important resistance area.
- A resistance zone ranging from 25.55 to 25.70. 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-G.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALA-PR-G.CA is neutral. |
| ChartMill Relative Strength | 38.26 | NEUTRAL | ALA-PR-G.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-G.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALA-PR-G.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA-PR-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.01 | NEUTRAL | The RSI value for ALA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALA-PR-G.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.36 | NEUTRAL | The Stochastics value for ALA-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for ALA-PR-G.CA suggests a possible start of a new trend. |
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (1/16/2026, 7:00:00 PM)
25.55
-0.13 (-0.51%)
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 5 / 10 to ALA-PR-G.CA.
What is the trend direction for ALA-PR-G stock?
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 51.0144. 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 neutral.