ALGOMA CENTRAL CORP (ALC.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ALC - CA0156441077 - Common Stock
Taking everything into account, ALC 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, ALC is only an average performer.
ALC has an excellent technical rating, but the quality of the setup is only medium 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
13.98
6 important support areas can be observed.
- A support zone ranging from 18.17 to 18.43. 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 17.15 to 17.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.84 from a horizontal line in the daily time frame.
- A support zone ranging from 16.35 to 16.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.93 from a trend line in the weekly time frame.
- Support @14.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.73 to 18.73. 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 | UP | POSITIVE | The short term trend for ALC.CA is up. |
| ChartMill Relative Strength | 66.91 | NEUTRAL | ALC.CA is not amongst the best or worst performers 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) | 63.8 | NEUTRAL | The RSI value for ALC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALC.CA has a positive trend. |
| Stochastics (14,3) | 96.29 | OVERBOUGHT | The high Stochastics value suggests ALC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for ALC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.81 | POSITIVE | The high ADX value value for ALC.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 18.74 | 18.00 | 0.74 (3.95%) | 25.00% |
| An entry @18.74. This is a Buy Stop order right above the resistance zone. | An exit @18.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.74 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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.
TSX:ALC (11/27/2025, 7:00:00 PM)
18.72
+0.12 (+0.65%)
ALGOMA CENTRAL CORP / ALC.CA FAQ
Can you provide the ChartMill technical rating for ALGOMA CENTRAL CORP?
ChartMill assigns a technical rating of 8 / 10 to ALC.CA.
Can you provide the trend direction for ALGOMA CENTRAL CORP?
The current trend direction for ALGOMA CENTRAL CORP (ALC.CA) is Bullish.
What is the RSI signal for ALGOMA CENTRAL CORP (ALC.CA) stock?
ALGOMA CENTRAL CORP (ALC.CA) has an RSI value of 63.7989. This indicates that the stock is currently neutral.
What is the short term momentum for ALGOMA CENTRAL CORP (ALC.CA) stock?
The short term momentum for ALGOMA CENTRAL CORP (ALC.CA) is positive.
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.