ALGOMA STEEL GROUP INC -CW26 (ASTLW) Stock Technical Analysis
USA - NASDAQ:ASTLW -
Taking everything into account, ASTLW scores 0 out of 10 in our technical rating. ASTLW'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.
ASTLW 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. We notice that large players showed an interest for ASTLW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.15
We found 1 important resistance area.
- Resistance @0.28 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 | DOWN | NEGATIVE | The long term trend for ASTLW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASTLW is down. |
| ChartMill Relative Strength | 1.63 | NEGATIVE | ASTLW has a low relative strength, it was outperformed by 98.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASTLW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTLW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.62 | NEUTRAL | The RSI value for ASTLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASTLW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.33 | OVERSOLD | The low Stochastics value suggests ASTLW may be oversold. |
| Average True Range in percent/ATR (20) | 36.87 | HIGH VOLATILITY | The high ATR as a percentage value for ASTLW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for ASTLW suggests a possible start of a new trend. |
NASDAQ:ASTLW (11/7/2025, 8:00:01 PM)
0.149
+0.01 (+8.76%)
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 0 / 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 40.617. 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 negative.
Can you provide the buy/sell signal for ALGOMA STEEL GROUP INC -CW26?
The buy/sell signal for ALGOMA STEEL GROUP INC -CW26 (ASTLW) is sell as both the short term and long term trends are negative.