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. 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.
- The long and short term trends are both positive. This is looking good!
- ALA is part of the Gas Utilities industry. There are 6 other stocks in this industry. ALA outperforms 100% of them.
- ALA is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALA is leading the market.
- In the last month ALA has a been trading in the 44.07 - 48.83 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ALA outperforms 67% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
ALA.CA Weekly and Daily overview Charts
ALA.CA Setup Rating and Analysis
ALA 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 very little resistance above the current price. We notice that large players showed an interest for ALA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
39.76
We found 4 important support areas.
- A support zone ranging from 47.20 to 47.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 46.27 to 46.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.79 to 42.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.16 to 41.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 67.34 | 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) | 68.83 | NEUTRAL | The RSI value for ALA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALA.CA has a positive trend. |
| Stochastics (14,3) | 81 | OVERBOUGHT | The high Stochastics value suggests ALA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ALA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 53.17 | 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 |
|---|---|---|---|
| 48.84 | 47.19 | 1.65 (3.38%) | 25.00% |
| An entry @48.84. This is a Buy Stop order right above the 10 day high. | An exit @47.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.65 points, which is 3.38%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALA. 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.
ALA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ALA (3/13/2026, 7:00:00 PM)
48.44
+0.73 (+1.53%)
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.
Can you provide the RSI signal for ALTAGAS LTD?
ALTAGAS LTD (ALA.CA) has an RSI value of 68.826. This indicates that the stock is currently neutral.
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 47.34. Check the full technical report for our detailed analysis of ALA.CA support and resistance levels.