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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.
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MarketClub’s Trade Triangles for ASTL
The long-term trend has been DOWN since Nov 18th, 2021 at 10.72
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 10.72
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).
| 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 High | 13.65 | 52wk High Date | 2021-11-12 |
| 52wk Low | 9.77 | 52wk Low Date | 2021-12-06 |
| Average Volume | 705,325 | Shares Outstanding | 112,074 |
| Assets | 169,720,000M | Liabilities | 133,490,000M |