ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Technical Analysis
TSX:ALA-PR-G - Toronto Stock Exchange - CA0213618865 - Currency: CAD
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.
Warning: ALA-PR-G has an average volume of 4771 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.
When compared to the yearly performance of all other stocks, ALA-PR-G outperforms 40% of them, which is more or less in line with the market.
ALA-PR-G is part of the Gas Utilities industry. There are 8 other stocks in this industry, ALA-PR-G did better than 57% of them.
In the last month ALA-PR-G has a been trading in a tight range between 25.00 and 25.64.
Considerably lower volume is observed in the last couple of days.
ALA-PR-G has an average technical rating and the quality of the presented setup is also not ideal 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
25.90
3 important support areas can be observed.
- A support zone ranging from 23.93 to 24.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.35 from a trend line in the weekly 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 25.27 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 | NEUTRAL | NEUTRAL | The short term trend for ALA-PR-G.CA is neutral. |
| ChartMill Relative Strength | 40.16 | 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) | 48.93 | NEUTRAL | The RSI value for ALA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ALA-PR-G.CA has a negative trend. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests ALA-PR-G.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for ALA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for ALA-PR-G.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)
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (8/12/2025, 7:00:00 PM)
25.1
+0.1 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.4%
1 Week-0.79%
2 Weeks-0.55%
1 Month0.4%
3 Month4.89%
6 Month3.08%
12 Month3.51%
2 Year49.23%
3 Year29.31%
5 Year62.99%
10 Year25%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.56%
ATR Inc-12.92%
Range Today0.08
ADR(20)0.1
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.16
Mansfield-0.31
10 Day High25.5
10 Day Low25
20 Day High25.64
20 Day Low25
52 Week High25.64
52 Week Low21.78
CS1 End24.93
CR1 Start25.27
Volume & EV
DER(3)0%
DER(5)0%
Volume8.35K
Volume Incr-68.2%
Vol(5)2.82K
Vol(50)4.77K