Technical Analysis for ASTL - Algoma Steel Group Inc

Grade Last Price % Change Price Change
C 10.570 -2.31% -0.250
ASTL closed up 0.84 percent on Tuesday, April 23, 2024, on 1.13 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish -2.31%
200 DMA Support Bullish -2.31%
200 DMA Support Bullish -1.49%
Outside Day Range Expansion -1.77%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.58%
NR7 Range Contraction -2.58%
NR7-2 Range Contraction -2.58%
Inside Day Range Contraction -2.58%
Oversold Stochastic Weakness -2.58%
Stochastic Buy Signal Bullish -1.86%

   Recent Intraday Alerts

Alert Time
200 DMA Support about 2 hours ago
Fell Below Previous Day's Low about 3 hours ago
Fell Below 200 DMA about 3 hours ago
Gap Up Closed about 4 hours ago
Gap Up Partially Closed about 4 hours ago

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Profile

Algoma Steel Group Inc. produces and sells steel products in Canada and the United States. It provides hot and cold rolled steel plate products for construction, mining, manufacturing, energy, shipbuilding, and military applications; and hot and cold rolled sheet steels in carbon and HSLA grades for use in manufacturing applications of automotive industry. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
Classification

Sector: Basic Materials
Industry: Steel
Keywords: Mining Energy Manufacturing Construction Architecture Building Materials Economic Sectors Steel Products Metalworking Structural Steel

Is ASTL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.54
52 Week Low 8.64
Average Volume 42,560
200-Day Moving Average 10.572
50-Day Moving Average 10.977
20-Day Moving Average 11.131
10-Day Moving Average 10.798
Average True Range 0.338
RSI (14) 46.24
ADX 17.03
+DI 19.731
-DI 25.498
Chandelier Exit (Long, 3 ATRs) 10.917
Chandelier Exit (Short, 3 ATRs) 11.393
Upper Bollinger Bands 11.869
Lower Bollinger Band 10.392
Percent B (%b) 0.29
BandWidth 13.275
MACD Line -0.089
MACD Signal Line -0.045
MACD Histogram -0.0444
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.488
Resistance 3 (R3) 11.470 11.230 11.376
Resistance 2 (R2) 11.230 11.060 11.239 11.339
Resistance 1 (R1) 11.025 10.955 11.128 11.043 11.302
Pivot Point 10.785 10.785 10.836 10.794 10.785
Support 1 (S1) 10.580 10.615 10.683 10.598 10.338
Support 2 (S2) 10.340 10.510 10.349 10.301
Support 3 (S3) 10.135 10.340 10.264
Support 4 (S4) 10.153