ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) Stock Technical Analysis
Canada - TSX:ASTL-WT -
Overall ASTL-WT gets a technical rating of 1 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.
ASTL-WT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.40
We found 1 important support area.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ASTL-WT.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTL-WT.CA is neutral. |
| ChartMill Relative Strength | 1.16 | NEGATIVE | ASTL-WT.CA has a low relative strength, it was outperformed by 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASTL-WT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ASTL-WT.CA is above 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) | 56.79 | NEUTRAL | The RSI value for ASTL-WT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ASTL-WT.CA has a positive trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests ASTL-WT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 16.4 | HIGH VOLATILITY | The high ATR as a percentage value for ASTL-WT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for ASTL-WT.CA suggests a possible start of a new trend. |
TSX:ASTL-WT (10/23/2025, 7:00:00 PM)
0.41
+0.06 (+17.14%)
ALGOMA STEEL GROUP INC -CW26 / ASTL-WT.CA FAQ
What is the technical rating for ASTL-WT stock?
ChartMill assigns a technical rating of 1 / 10 to ASTL-WT.CA.
What is the trend direction for ASTL-WT stock?
The current trend direction for ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) is Bearish.
What is the RSI signal for ASTL-WT stock?
ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) has an RSI value of 56.7938. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALGOMA STEEL GROUP INC -CW26?
The short term momentum for ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) is neutral.
Can you provide the support and resistance levels for ALGOMA STEEL GROUP INC -CW26?
ALGOMA STEEL GROUP INC -CW26 (ASTL-WT.CA) has a support level at 0.4. Check the full technical report for our detailed analysis of ASTL-WT.CA support and resistance levels.