ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Technical Analysis
Canada - TSX:ALA-PR-G - CA0213618865
Taking everything into account, ALA-PR-G scores 7 out of 10 in our technical rating. Although ALA-PR-G is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ALA-PR-G has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.37, a Stop Loss order could be placed below this zone.
More info and screens
21.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.22 to 25.37. 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.
We found 1 important resistance area.
- A resistance zone ranging from 25.45 to 25.64. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for ALA-PR-G.CA is up. |
| ChartMill Relative Strength | 40.57 | NEUTRAL | ALA-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALA-PR-G.CA is above 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) | 55.28 | NEUTRAL | The RSI value for ALA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALA-PR-G.CA has a positive trend. |
| Stochastics (14,3) | 93.48 | OVERBOUGHT | The high Stochastics value suggests ALA-PR-G.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.37 | NEUTRAL | The ADX value for ALA-PR-G.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.65 | 25.21 | 0.44 (1.72%) | 25.00% |
| An entry @25.65. This is a Buy Stop order right above the resistance zone. | An exit @25.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 1.72%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (10/31/2025, 7:00:00 PM)
25.45
+0.09 (+0.35%)
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 7 / 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 55.2781. 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 positive.
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 25.37 and a resistance level at 25.45. Check the full technical report for our detailed analysis of ALA-PR-G.CA support and resistance levels.