ALGOMA CENTRAL CORP (ALC.CA) Technical Analysis
TSX:ALC • CA0156441077
Current stock price
ALC.CA Technical Rating and Analysis
Overall ALC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALC is showing a nice and steady performance.
- Warning: ALC has an average volume of 10361 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ALC did better than 72% of all other stocks. We also observe that the gains produced by ALC over the past year are nicely spread over this period.
- 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.
- In the last month ALC has a been trading in the 20.88 - 22.58 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.
ALC.CA Weekly and Daily overview Charts
ALC.CA Setup Rating and Analysis
Besides having an excellent technical rating, ALC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 21.77, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
ALC.CA Support and Resistance Analysis
18.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.12 to 21.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.39 to 20.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.90 from a trend line in the weekly time frame.
ALC.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 ALC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALC.CA is up. |
| ChartMill Relative Strength | 72.64 | POSITIVE | ALC.CA has a high relative strength, it outperformed 72.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALC.CA is above the rising 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) | 54.35 | NEUTRAL | The RSI value for ALC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.34 | NEUTRAL | The Stochastics value for ALC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ALC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.24 | NEGATIVE | The low ADX value for ALC.CA suggests a weak or negative trend. |
ALC.CA Chart- and CandleStick Pattern Analysis
ALC.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 |
|---|---|---|---|
| 22.31 | 21.11 | 1.20 (5.38%) | 18.59% |
| An entry @22.31. This is a Buy Stop order right above the 10 day high. | An exit @21.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.20 points, which is 5.38%. | For a 1.00% total portfolio risk, you can invest 18.59% of your capital in this trade. |
- 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.
ALC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ALC (5/1/2026, 7:00:00 PM)
21.92
-0.16 (-0.72%)
ALGOMA CENTRAL CORP / ALC.CA TA FAQ
Can you provide the ChartMill technical rating for ALGOMA CENTRAL CORP?
ChartMill assigns a technical rating of 9 / 10 to ALC.CA.
What is the trend direction for ALC stock?
The current trend direction for ALGOMA CENTRAL CORP (ALC.CA) is Bullish.
Can you provide the RSI signal for ALGOMA CENTRAL CORP?
ALGOMA CENTRAL CORP (ALC.CA) has an RSI value of 54.3541. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ALGOMA CENTRAL CORP?
The buy/sell signal for ALGOMA CENTRAL CORP (ALC.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ALGOMA CENTRAL CORP (ALC.CA) stock?
ALGOMA CENTRAL CORP (ALC.CA) has a support level at 21.77. Check the full technical report for our detailed analysis of ALC.CA support and resistance levels.