ALTAGAS LTD (ALA.CA) Technical Analysis
TSX:ALA • CA0213611001
Current stock price
ALA.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ALA. Although ALA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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.
- ALA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ALA has a been trading in the 47.37 - 50.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ALA has an average volume of 1185920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 66% of all stocks.
ALA.CA Weekly and Daily overview Charts
ALA.CA Setup Rating and Analysis
Besides having an excellent technical rating, ALA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.84, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ALA.CA Support and Resistance Analysis
40.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.99 to 48.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.17 to 42.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.06 to 41.17. 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 49.25 to 49.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALA.CA Technical Indicator Signal Analysis
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 | 66.64 | 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) | 58.82 | NEUTRAL | The RSI value for ALA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ALA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.84 | NEUTRAL | The Stochastics value for ALA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for ALA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.53 | POSITIVE | The high ADX value value for ALA.CA suggests a strong trend. |
ALA.CA Chart- and CandleStick Pattern Analysis
ALA.CA Example Setup
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 |
|---|---|---|---|
| 49.54 | 47.61 | 1.93 (3.90%) | 25.00% |
| An entry @49.54. This is a Buy Stop order right above the resistance zone. | An exit @47.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.93 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- 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.
ALA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ALA (4/20/2026, 7:00:00 PM)
49.24
+0.35 (+0.72%)
ALTAGAS LTD / ALA.CA TA 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.
What is the RSI signal for ALA stock?
ALTAGAS LTD (ALA.CA) has an RSI value of 58.8202. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALTAGAS LTD?
The MACD indicator for ALTAGAS LTD (ALA.CA) has a value of -0.0721423, indicating a bearish trend.
Can you provide the short term momentum for ALTAGAS LTD?
The short term momentum for ALTAGAS LTD (ALA.CA) is positive.