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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

ALGOMA CENTRAL CORPORATION 5.25% DEBS (TSE:ALC.DB.A)

Countertrend Down (-85) - ALC.DB.A is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ALC.DB.A?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALC.DB.A.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_ALC.DB.A
Open High Low ALC.DB.A Price Change
101.77 101.77 101.77 101.77 -0.19
Entry Signal

MarketClub’s Trade Triangles for ALC.DB.A

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 102.0

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 103.0

short term up The short-term trend has been UP since May 7th, 2024 at 101.5

Smart Scan Analysis for ALC.DB.A

Based on our trend formula, ALC.DB.A is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ALC.DB.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.77 101.77 101.77 101.77 -0.19
Prev. Close Volume Bid Ask Time
101.77 9000 2024-05-08 14:05:56
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