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ALGOMA STEEL GROUP INC -CW26 (ASTLW) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ASTLW -

0.163 USD
+0.01 (+9.25%)
Last: 11/28/2025, 8:13:19 PM
Technical Rating and Analysis

1

Overall ASTLW gets a technical rating of 1 out of 10. ASTLW 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
99% of all other stocks performed better in the past year than ASTLW.
ASTLW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ASTLW has a been trading in the 0.10 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ALGOMA STEEL GROUP INC -CW26 / ASTLW Weekly stock chart
ALGOMA STEEL GROUP INC -CW26 / ASTLW Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, ASTLW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

0.15

0.28

We found 1 important support area.

  • A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @0.27 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ASTLW is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ASTLW is neutral.
ChartMill Relative Strength1.9NEGATIVEASTLW has a low relative strength, it was outperformed by 98.1% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ASTLW is above a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of ASTLW is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ASTLW is below a declining SMA(200).
Relative Strength Index/RSI (14)49.77NEUTRALThe RSI value for ASTLW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ASTLW has a positive trend.
Stochastics (14,3)57.17NEUTRALThe Stochastics value for ASTLW is a neutral value.
Average True Range in percent/ATR (20)21.52HIGH VOLATILITYThe high ATR as a percentage value for ASTLW suggests high volalility.
Average Directional Index/ADX (14)17.02NEGATIVEThe low ADX value for ASTLW suggests a weak or negative 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 / ASTLW Daily stock chart

ALGOMA STEEL GROUP INC -CW26

NASDAQ:ASTLW (11/28/2025, 8:13:19 PM)

0.163

+0.01 (+9.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.25%
1 Week22.56%
2 Weeks8.67%
1 Month-30.79%
3 Month-39.07%
6 Month-60.86%
12 Month-91.28%
2 Year-86.96%
3 Year-87.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%21.52%
ATR Inc13.59%
Range Today0.03
ADR(20)0.03
ADR(20)%19.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.9
3 months CRS4.97
6 months CRS2.93
Mansfield-7.43
10 Day High0.18
10 Day Low0.1
20 Day High0.2
20 Day Low0.1
52 Week High1.95
52 Week Low0.1
CS1 End0.15
CR1 Start0.27
Volume & EV
DER(3)-20.18%
DER(5)-13.6%
Volume70.40K
Volume Incr37.86%
Vol(5)93.50K
Vol(50)56.00K

ALGOMA STEEL GROUP INC -CW26 / ASTLW FAQ

Can you provide the ChartMill technical rating for ALGOMA STEEL GROUP INC -CW26?

ChartMill assigns a technical rating of 1 / 10 to ASTLW.


What is the current trend direction of ALGOMA STEEL GROUP INC -CW26 (ASTLW) stock?

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


What is the RSI signal for ASTLW stock?

ALGOMA STEEL GROUP INC -CW26 (ASTLW) has an RSI value of 49.7661. 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 (ASTLW) is neutral.