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Stock Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

Algoma Steel Group Inc. (NASDAQ:ASTL)

Countertrend Down (-85) - ASTL 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 ASTL?

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

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

NASDAQ_ASTL
Open High Low ASTL Price Change
10.37 10.55 10.29 10.39 +0.02
Entry Signal

MarketClub’s Trade Triangles for ASTL

long term down The long-term trend has been DOWN since Nov 18th, 2021 at 10.72

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2021 at 10.72

short term up The short-term trend has been UP since Dec 7th, 2021 at 10.54

Smart Scan Analysis for ASTL

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

-85
Smart Scan Analysis for ASTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.37 10.55 10.29 10.39 +0.02
Prev. Close Volume Bid Ask Time
10.42 236767 2021-12-08 15:59:59
52wk High13.6552wk High Date2021-11-12
52wk Low9.7752wk Low Date2021-12-06
Average Volume705,325Shares Outstanding112,074
Assets169,720,000MLiabilities133,490,000M
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