ALGOMA CENTRAL CORP (ALC.CA) Stock Technical Analysis
Canada - TSX:ALC - CA0156441077 - Common Stock
17 CAD
+0.15 (+0.89%)
We assign a technical rating of 5 out of 10 to ALC. In the last year, ALC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month ALC has a been trading in the 16.70 - 17.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ALC has an average volume of 8642 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ALC 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 ALC is lagging the market slightly.
When compared to the yearly performance of all other stocks, ALC outperforms 54% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ALC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
13.98
17.88
When analyzing the support we can see 5 important areas.
- Support @16.44 from a trend line in the daily time frame.
- A support zone ranging from 15.82 to 16.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.34 from a horizontal line in the daily time frame.
- A support zone ranging from 14.43 to 14.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.12 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.00 to 17.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.45 to 17.70. 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 ALC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALC.CA is neutral. |
| ChartMill Relative Strength | 54.54 | NEUTRAL | ALC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50 | NEUTRAL | The RSI value for ALC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ALC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15 | OVERSOLD | The low Stochastics value suggests ALC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for ALC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for ALC.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)
TSX:ALC (9/16/2025, 7:00:00 PM)
17
+0.15 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.89%
1 Week0.95%
2 Weeks-3.95%
1 Month-1.9%
3 Month5.46%
6 Month11.4%
12 Month17.48%
2 Year15.49%
3 Year5.52%
5 Year68.82%
10 Year10.82%
15 Year1810.11%
Volatility
ATR(14)0.27
ATR(20)%1.54%
ATR Inc-36.36%
Range Today0.2
ADR(20)0.24
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.54
Mansfield-0.12
10 Day High17.68
10 Day Low16.75
20 Day High17.75
20 Day Low16.7
52 Week High17.75
52 Week Low14.07
CS1 End16.44
CR1 Start17
Volume & EV
DER(3)2.96%
DER(5)2.67%
Volume5.77K
Volume Incr-46.69%
Vol(5)5.37K
Vol(50)8.64K