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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

ALGOMA CENTRAL CORPORATION 5.25% DEBS (TSE:ALC.DB.A)

Strong Downtrend (-100) - ALC.DB.A is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALC.DB.A continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ALC.DB.A?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALC.DB.A.

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TSE_ALC.DB.A
Open High Low ALC.DB.A Price Change
101.55 101.55 101.20 101.20 -0.35
Entry Signal

MarketClub’s Trade Triangles for ALC.DB.A

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 102.00

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 103.00

short term down The short-term trend has been DOWN since May 15th, 2024 at 101.77

Smart Scan Analysis for ALC.DB.A

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

-100
Smart Scan Analysis for ALC.DB.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.55 101.55 101.20 101.20 -0.35
Prev. Close Volume Bid Ask Time
100.50 15000 2024-05-16 12:31:09
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