ALTAGAS LTD (ALA.CA) Stock Technical Analysis
TSX:ALA • CA0213611001
Taking everything into account, ALA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALA is part of the Gas Utilities industry. There are 6 other stocks in this industry. ALA outperforms 100% of them.
- A new 52 week high is currently being made by ALA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ALA has a been trading in the 40.57 - 45.54 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ALA turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
Although ALA has an excellent technical rating, it 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
39.76
We found 1 important support area.
- A support zone ranging from 40.16 to 42.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.19 to 45.19. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALA.CA is up. |
| ChartMill Relative Strength | 57.64 | NEUTRAL | ALA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.69 | OVERBOUGHT | The high RSI value suggests ALA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ALA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.54 | OVERBOUGHT | The high Stochastics value suggests ALA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for ALA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.32 | POSITIVE | The high ADX value value for ALA.CA suggests a strong trend. |
TSX:ALA (2/20/2026, 7:00:00 PM)
45.18
+0.08 (+0.18%)
ALTAGAS LTD / ALA.CA FAQ
What is the technical rating for ALA stock?
ChartMill assigns a technical rating of 8 / 10 to ALA.CA.
Can you provide the trend direction for ALTAGAS LTD?
The current trend direction for ALTAGAS LTD (ALA.CA) is Bullish.
Can you provide the RSI signal for ALTAGAS LTD?
ALTAGAS LTD (ALA.CA) has an RSI value of 72.6941. This indicates that the stock is currently overbought.
What is the buy/sell signal for ALA stock?
The buy/sell signal for ALTAGAS LTD (ALA.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ALTAGAS LTD (ALA.CA) stock?
ALTAGAS LTD (ALA.CA) has a support level at 42.84 and a resistance level at 45.19. Check the full technical report for our detailed analysis of ALA.CA support and resistance levels.