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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
9.77 9.94 9.71 9.85 +0.05
Entry Signal

MarketClub’s Trade Triangles for ASTL

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 9.490

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2024 at 10.355

short term up The short-term trend has been UP since Dec 24th, 2024 at 9.620

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
9.77 9.94 9.71 9.85 +0.05
Prev. Close Volume Bid Ask Time
9.80 159084 2024-12-26 14:31:54
52wk High12.1452wk High Date2024-11-07
52wk Low6.6752wk Low Date2024-06-21
Average Volume480,407Shares Outstanding112,074
Assets309,590,000MLiabilities168,210,000M
P/E Ratio19.3204
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