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Stock Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Algoma Steel Group Inc. (NASDAQ:ASTL)

Sidelines Mode (-55) - ASTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low ASTL Price Change
7.70 7.79 7.67 7.73 +0.02
Entry Signal

MarketClub’s Trade Triangles for ASTL

long term up The long-term trend has been UP since Jan 26th, 2023 at 7.580

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2023 at 7.445

short term up The short-term trend has been UP since Mar 29th, 2023 at 7.695

Smart Scan Analysis for ASTL

Based on our trend formula, ASTL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ASTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.70 7.79 7.67 7.73 +0.02
Prev. Close Volume Bid Ask Time
7.74 389934 2023-03-30 15:59:38
52wk High11.8552wk High Date2022-04-04
52wk Low5.6452wk Low Date2022-12-19
Average Volume1,334,796Shares Outstanding112,074
P/E Ratio2.8098
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