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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Algoma Steel Group Inc. - Warrant (NASDAQ:ASTLW)
Long-Term Downtrend (-90) - ASTLW is in a strong downtrend that is likely to continue. While ASTLW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ASTLW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASTLW.
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 ASTLW
The long-term trend has been DOWN since Jan 24th, 2024 at 0.92
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1.15
The short-term trend has been DOWN since May 3rd, 2024 at 1.09
Smart Scan Analysis for ASTLW
Based on our trend formula, ASTLW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0900 | 1.1200 | 1.1199 | 1.1200 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1200 | 10102 | 2024-05-08 11:04:00 |
| 52wk High | 1.97 | 52wk High Date | 2023-12-27 |
| 52wk Low | 0.88 | 52wk Low Date | 2024-01-24 |
| Average Volume | 30,969 | Assets | 271,310,000M |
| Liabilities | 110,140,000M |