ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) Stock Technical Analysis
Canada - TSX:ASTL-WT -
0.15 CAD
-0.07 (-31.82%)
Taking everything into account, ASTL-WT scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 0.10 - 0.37 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 8431 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
More info and screens
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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 | DOWN | NEGATIVE | The long term trend for ASTL-WT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASTL-WT.CA is down. |
| ChartMill Relative Strength | 0.15 | NEGATIVE | ASTL-WT.CA has a low relative strength, it was outperformed by 99.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTL-WT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASTL-WT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTL-WT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.86 | NEUTRAL | The RSI value for ASTL-WT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ASTL-WT.CA has a negative trend. |
| Stochastics (14,3) | 14.16 | OVERSOLD | The low Stochastics value suggests ASTL-WT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 31.17 | HIGH VOLATILITY | The high ATR as a percentage value for ASTL-WT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.78 | POSITIVE | The high ADX value value for ASTL-WT.CA suggests a strong 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:ASTL-WT (9/25/2025, 7:00:00 PM)
0.15
-0.07 (-31.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-31.82%
1 Week-34.78%
2 Weeks-55.22%
1 Month-61.54%
3 Month-84.21%
6 Month-75%
12 Month-93.88%
2 Year-91.18%
3 Year-90.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%31.17%
ATR Inc93.1%
Range Today0.1
ADR(20)0.02
ADR(20)%16.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.15
Mansfield-8.97
10 Day High0.34
10 Day Low0.1
20 Day High0.37
20 Day Low0.1
52 Week High3.31
52 Week Low0.1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-30.61%
DER(5)-35.51%
Volume81.60K
Volume Incr398.87%
Vol(5)21.02K
Vol(50)8.43K