ALGOMA CENTRAL CORP (ALC.CA) Stock Technical Analysis
TSX:ALC - Toronto Stock Exchange - CA0156441077 - Common Stock - Currency: CAD
Overall ALC gets a technical rating of 7 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 7010 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.
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 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 56% of all stocks.
In the last month ALC has a been trading in a tight range between 16.00 and 16.38.
ALC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.16, a Stop Loss order could be placed below this zone.
More info and screens
13.95
16.57
5 important support areas can be observed.
- A support zone ranging from 15.83 to 16.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.21 from a horizontal line in the daily time frame.
- Strong support @14.81 from a horizontal line in the daily time frame.
- A support zone ranging from 14.37 to 14.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.09 to 14.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.18 to 16.41. 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 | 56.94 | 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) | 53.96 | NEUTRAL | The RSI value for ALC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALC.CA has a negative trend. |
| Stochastics (14,3) | 70.74 | NEUTRAL | The Stochastics value for ALC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for ALC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.89 | 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 (7/11/2025, 7:00:00 PM)
16.17
-0.11 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.68%
1 Week0.31%
2 Weeks0.31%
1 Month0.06%
3 Month10.45%
6 Month12.14%
12 Month14.52%
2 Year6.52%
3 Year2.34%
5 Year55.48%
10 Year-7.6%
15 Year1946.84%
Volatility
ATR(14)0.1
ATR(20)%0.69%
ATR Inc177.42%
Range Today0.2
ADR(20)0.1
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.94
Mansfield-0.03
10 Day High16.38
10 Day Low16.03
20 Day High16.38
20 Day Low16
52 Week High16.45
52 Week Low14.03
CS1 End16.16
CR1 Start16.18
Volume & EV
DER(3)0.09%
DER(5)1.23%
Volume1.52K
Volume Incr16.34%
Vol(5)6.55K
Vol(50)7.01K