ALGOMA STEEL GROUP INC (ASTL.CA) Technical Analysis
TSX:ASTL • CA0156581070
Current stock price
5.52 CAD
+0.03 (+0.55%)
Last:
ASTL.CA Technical Rating and Analysis
Taking everything into account, ASTL scores 0 out of 10 in our technical rating. ASTL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 83% of all other stocks performed better in the past year than ASTL.
- ASTL is part of the Metals & Mining industry. There are 795 other stocks in this industry, of which 79% are performing better than ASTL.
- ASTL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASTL is lagging the market.
- In the last month ASTL has a been trading in the 4.62 - 6.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASTL.CA Weekly and Daily overview Charts
ASTL.CA Setup Rating and Analysis
ASTL has a poor technical rating and the quality of the setup is also 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
ASTL.CA Support and Resistance Analysis
4.57
7.08
2 important support areas can be observed.
- A support zone ranging from 4.73 to 4.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.63 to 5.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.93 to 5.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.22 to 6.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.01 from a horizontal line in the daily time frame.
ASTL.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ASTL.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTL.CA is neutral. |
| ChartMill Relative Strength | 17.58 | NEGATIVE | ASTL.CA has a low relative strength, it was outperformed by 82.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASTL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for ASTL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ASTL.CA has a positive trend. |
| Stochastics (14,3) | 70.88 | NEUTRAL | The Stochastics value for ASTL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for ASTL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for ASTL.CA suggests a possible start of a new trend. |
ASTL.CA 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)
ASTL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ASTL (3/30/2026, 7:00:00 PM)
5.52
+0.03 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.55%
1 Week6.36%
2 Weeks11.97%
1 Month-14.42%
3 Month2.41%
6 Month19.48%
12 Month-17.24%
2 Year-52.21%
3 Year-49.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%6.7%
ATR Inc-9.46%
Range Today0.23
ADR(20)0.35
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.58
3 months CRS70.52
6 months CRS79.51
Mansfield-1.65
10 Day High5.95
10 Day Low4.62
20 Day High6.53
20 Day Low4.62
52 Week High9.92
52 Week Low4.2
CS1 End4.77
CR1 Start5.63
Volume & EV
DER(3)-2.24%
DER(5)0.62%
Volume440.91K
Volume Incr-25.87%
Vol(5)600.82K
Vol(50)853.28K
ALGOMA STEEL GROUP INC / ASTL.CA TA FAQ
What is the ChartMill technical rating of ALGOMA STEEL GROUP INC (ASTL.CA) stock?
ChartMill assigns a technical rating of 0 / 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 47.5008. 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 neutral.