ALGOMA CENTRAL CORP (ALC.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ALC • CA0156441077
Overall ALC gets a technical rating of 8 out of 10. 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.
- Warning: ALC has an average volume of 6707 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ALC 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.
- When comparing the performance of all stocks over the past year, ALC turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- In the last month ALC has a been trading in a tight range between 18.86 and 19.77.
- Volume is considerably higher in the last couple of days.
ALC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.59, 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
14.89
We found 7 important support areas.
- A support zone ranging from 18.70 to 19.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.29 from a horizontal line in the daily time frame.
- Support @17.97 from a trend line in the weekly time frame.
- Support @17.34 from a trend line in the daily time frame.
- Support @16.41 from a horizontal line in the daily time frame.
- Support @16.06 from a horizontal line in the daily time frame.
- Support @15.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.71 to 19.75. 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 | 64.45 | 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) | 61.05 | NEUTRAL | The RSI value for ALC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for ALC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for ALC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.52 | 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 |
|---|---|---|---|
| 19.76 | 18.98 | 0.78 (3.95%) | 25.00% |
| An entry @19.76. This is a Buy Stop order right above the resistance zone. | An exit @18.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.78 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 (2/3/2026, 7:00:00 PM)
19.7
+0.2 (+1.03%)
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.
What is the current trend direction of ALGOMA CENTRAL CORP (ALC.CA) stock?
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 61.049. This indicates that the stock is currently neutral.
What is the MACD signal for ALC stock?
The MACD indicator for ALGOMA CENTRAL CORP (ALC.CA) has a value of -0.00638262, indicating a bearish trend.
What is the support and resistance level for ALC stock?
ALGOMA CENTRAL CORP (ALC.CA) has a support level at 19.59 and a resistance level at 19.71. Check the full technical report for our detailed analysis of ALC.CA support and resistance levels.