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 6 out of 10 to ALA-PR-G. 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 only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.40, a Stop Loss order could be placed below this zone.
More info and screens
21.68
We found 3 important support areas.
- A support zone ranging from 25.24 to 25.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.43 to 24.75. 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 25.46 to 25.64. 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 | UP | POSITIVE | The short term trend for ALA-PR-G.CA is up. |
| ChartMill Relative Strength | 42.15 | NEUTRAL | ALA-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALA-PR-G.CA is above a declining 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) | 52.52 | 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) | 66.67 | NEUTRAL | The Stochastics value for ALA-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for ALA-PR-G.CA suggests a weak or negative 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 |
|---|---|---|---|
| 25.47 | 25.31 | 0.16 (0.64%) | 25.00% |
| An entry @25.47. This is a Buy Stop order right above the 10 day moving average. | An exit @25.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALA-PR-G. Please evaluate whether better entry and exit points can be found.
- 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 (12/12/2025, 7:00:00 PM)
25.45
-0.05 (-0.2%)
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 6 / 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 52.5188. 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 25.4 and a resistance level at 25.46. Check the full technical report for our detailed analysis of ALA-PR-G.CA support and resistance levels.