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ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:ASTL-WT -

0.1 CAD
-0.01 (-9.09%)
Last: 1/5/2026, 7:00:00 PM
Technical Rating and Analysis

0

Overall ASTL-WT gets a technical rating of 0 out of 10. ASTL-WT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ASTL-WT is a bad performer in the overall market: 100% of all stocks are doing better.
ASTL-WT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ASTL-WT has a been trading in the 0.09 - 0.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ASTL-WT has an average volume of 19965 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Weekly stock chart
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Daily stock chart
Setup Rating and Analysis

2

The technical rating of ASTL-WT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ASTL-WT.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ASTL-WT.CA is down.
ChartMill Relative Strength0.24NEGATIVEASTL-WT.CA has a low relative strength, it was outperformed by 99.76% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ASTL-WT.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ASTL-WT.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ASTL-WT.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)33.13NEUTRALThe RSI value for ASTL-WT.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ASTL-WT.CA has a negative trend.
Stochastics (14,3)11.11OVERSOLDThe low Stochastics value suggests ASTL-WT.CA may be oversold.
Average True Range in percent/ATR (20)17.75HIGH VOLATILITYThe high ATR as a percentage value for ASTL-WT.CA suggests high volalility.
Average Directional Index/ADX (14)28.86POSITIVEThe high ADX value value for ASTL-WT.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT Daily stock chart

ALGOMA STEEL GROUP INC -CW26

TSX:ASTL-WT (1/5/2026, 7:00:00 PM)

0.1

-0.01 (-9.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.09%
1 Week-33.33%
2 Weeks-39.39%
1 Month-60%
3 Month-66.67%
6 Month-84.85%
12 Month-95.22%
2 Year-93.9%
3 Year-95.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%17.75%
ATR Inc300%
Range Today0.01
ADR(20)0.01
ADR(20)%12.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.24
3 months CRS0.51
6 months CRS0.37
Mansfield-8.61
10 Day High0.17
10 Day Low0.09
20 Day High0.22
20 Day Low0.09
52 Week High2.27
52 Week Low0.09
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-21.15%
DER(5)-14.19%
Volume14.50K
Volume Incr106.41%
Vol(5)38.60K
Vol(50)19.97K

ALGOMA STEEL GROUP INC -CW26 / ASTL-WT.CA FAQ

What is the technical rating for ASTL-WT stock?

ChartMill assigns a technical rating of 0 / 10 to ASTL-WT.CA.


Can you provide the trend direction for ALGOMA STEEL GROUP INC -CW26?

The current trend direction for ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) is Bearish.


Can you provide the RSI signal for ALGOMA STEEL GROUP INC -CW26?

ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) has an RSI value of 33.1289. This indicates that the stock is currently neutral.


What is the MACD signal for ASTL-WT stock?

The MACD indicator for ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) has a value of -0.00184588, indicating a bearish trend.


Can you provide the buy/sell signal for ALGOMA STEEL GROUP INC -CW26?

The buy/sell signal for ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) is sell as both the short term and long term trends are negative.