ALGOMA STEEL GROUP INC (ASTL.CA) Stock Technical Analysis
TSX:ASTL • CA0156581070
6.87 CAD
-0.05 (-0.72%)
Last: Feb 11, 2026, 07:00 PM
Taking everything into account, ASTL scores 6 out of 10 in our technical rating. ASTL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 79% of all other stocks performed better in the past year than ASTL.
- ASTL is one of the lesser performing stocks in the Metals & Mining industry. 82% of 812 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ASTL has a been trading in the 5.60 - 7.25 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ASTL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASTL is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASTL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.82
6.94
3 important support areas can be observed.
- A support zone ranging from 5.88 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.00 from a trend line in the weekly time frame.
- Support @4.87 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ASTL.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASTL.CA is up. |
| ChartMill Relative Strength | 21.01 | NEGATIVE | ASTL.CA has a low relative strength, it was outperformed by 78.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASTL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASTL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ASTL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.53 | NEUTRAL | The RSI value for ASTL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ASTL.CA has a positive trend. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests ASTL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for ASTL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for ASTL.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:ASTL (2/11/2026, 7:00:00 PM)
6.87
-0.05 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.72%
1 Week9.22%
2 Weeks10.99%
1 Month5.37%
3 Month37.13%
6 Month9.05%
12 Month-39.42%
2 Year-37.55%
3 Year-37.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%5.95%
ATR Inc22.47%
Range Today0.43
ADR(20)0.39
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.01
3 months CRS82.63
6 months CRS49.92
Mansfield-1.29
10 Day High7.25
10 Day Low5.61
20 Day High7.25
20 Day Low5.6
52 Week High11.61
52 Week Low4.2
CS1 End6.06
CR1 StartN/A
Volume & EV
DER(3)11.64%
DER(5)6.66%
Volume757.26K
Volume Incr28.98%
Vol(5)966.48K
Vol(50)633.99K
ALGOMA STEEL GROUP INC / ASTL.CA FAQ
What is the ChartMill technical rating of ALGOMA STEEL GROUP INC (ASTL.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to ASTL.CA.
What is the current trend direction of ALGOMA STEEL GROUP INC (ASTL.CA) stock?
The current trend direction for ALGOMA STEEL GROUP INC (ASTL.CA) is Bearish.
Can you provide the RSI signal for ALGOMA STEEL GROUP INC?
ALGOMA STEEL GROUP INC (ASTL.CA) has an RSI value of 62.5332. This indicates that the stock is currently neutral.
What is the short term momentum for ALGOMA STEEL GROUP INC (ASTL.CA) stock?
The short term momentum for ALGOMA STEEL GROUP INC (ASTL.CA) is positive.