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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Algoma Steel Group Inc. (NASDAQ:ASTL)

Long-Term Uptrend (+90) - ASTL is in a strong uptrend that is likely to continue. While ASTL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
8.77 8.77 8.59 8.66 +0.03
Entry Signal

MarketClub’s Trade Triangles for ASTL

long term up The long-term trend has been UP since Jul 18th, 2024 at 8.84

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 7.46

short term up The short-term trend has been UP since Jul 3rd, 2024 at 7.04

Smart Scan Analysis for ASTL

Based on our trend formula, ASTL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ASTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.77 8.77 8.59 8.66 +0.03
Prev. Close Volume Bid Ask Time
8.63 309959 2024-07-26 15:59:53
52wk High10.2552wk High Date2023-12-27
52wk Low6.34552wk Low Date2023-10-06
Average Volume492,815Shares Outstanding112,074
Assets267,600,000MLiabilities117,360,000M
P/E Ratio16.7573
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