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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Algoma Steel Group Inc. (TSE:ASTL)

Crossroads (+60) - ASTL is struggling to move into a solid trend. Beware of choppy markets 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.

TSE_ASTL
Open High Low ASTL Price Change
11.43 11.69 11.43 11.55 +0.13
Entry Signal

MarketClub’s Trade Triangles for ASTL

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 10.50

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 11.04

short term up The short-term trend has been UP since Mar 20th, 2024 at 10.64

Smart Scan Analysis for ASTL

Based on our trend formula, ASTL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ASTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.43 11.69 11.43 11.55 +0.13
Prev. Close Volume Bid Ask Time
11.55 69612 2024-03-28 16:00:01
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