ASTL Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Algoma Steel Group Inc (ASTL.O) Moving Averages Convergence Divergence (MACD) indicator is 0.0683, suggesting ASTL.O is Strong buy.

Algoma Steel Group Inc (ASTL.O) 20-Day simple moving average is 4.407, while Algoma Steel Group Inc (ASTL.O) share price is $4.61, making it Buy.

Algoma Steel Group Inc (ASTL.O) 60-Day simple moving average is 4.15, while Algoma Steel Group Inc (ASTL.O) share price is $4.61, making it Buy.

Technical Analysis for ASTL

Technical Sentiment Analysis for Algoma Steel Group Inc (ASTL) As of 2026-02-06, Algoma Steel Group Inc (ASTL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 12 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ASTL stands at 55.781, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0683, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 60.684 and the Commodity Channel Index (CCI) at 84.735 further confirm a 0.07 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ASTL is trading below its 60-day moving average of $4.15 and below its 200-day long-term moving average of $4.886. Key price levels to watch include the immediate resistance at $4.802 and strong support at $4.082. A break above $4.802 could signal a bull continuation, while falling below $4.082 may test the next Fibonacci floor at $3.731.

Algoma Steel Group Inc (ASTL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	3.362	3.731	4.082	4.451	4.802	5.171	5.522
Fibonacci	3.731	4.006	4.176	4.451	4.726	4.896	5.171

Algoma Steel Group Inc (ASTL) Technical Indicators

2026-02-06

Name	Value
RSI_14	55.781
STOCHk_14_3_3	60.684
STOCHd_14_3_3	56.268
CCI_20	84.735
AO_5_34	0.0982
MOM_10	0.07
MACD_12_26_9	0.0683

Algoma Steel Group Inc (ASTL) Relative Strength Index (RSI) is 55.781, creating a Neutral signal.

Algoma Steel Group Inc (ASTL) Stochastic Oscillator is 60.684, creating a Neutral signal.

Algoma Steel Group Inc (ASTL) Stochastic RSI is 56.268, creating a Neutral signal.

Algoma Steel Group Inc (ASTL) Commodity Channel Index (CCI) is 84.735, creating a Neutral signal.

Algoma Steel Group Inc (ASTL) Awesome Oscillator is 0.0982, creating a Buy signal.

Algoma Steel Group Inc (ASTL) Momentum is 0.07, creating a Buy signal.

Algoma Steel Group Inc (ASTL) MACD is 0.0683, creating a Buy signal.

Algoma Steel Group Inc (ASTL) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	4.454	Buy
MA_10	4.433	Buy
MA_20	4.407	Buy
MA_60	4.15	Buy
MA_200	4.886	Sell
MA_250	5.144	Sell

Algoma Steel Group Inc (ASTL) 5-Day simple moving average is 4.454, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Buy.

Algoma Steel Group Inc (ASTL) 10-Day simple moving average is 4.433, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Buy.

Algoma Steel Group Inc (ASTL) 20-Day simple moving average is 4.407, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Buy.

Algoma Steel Group Inc (ASTL) 60-Day simple moving average is 4.15, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Buy.

Algoma Steel Group Inc (ASTL) 200-Day simple moving average is 4.886, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Sell.

Algoma Steel Group Inc (ASTL) 250-Day simple moving average is 5.144, while Algoma Steel Group Inc (ASTL) share price is $4.61, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for ASTL?

The overall technical consensus for Algoma Steel Group Inc (ASTL) is currently strong buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 8 buy signals and 0 sell signals.

What are the key support and resistance levels for Algoma Steel Group Inc (ASTL) today?

Based on pivot point calculations, Algoma Steel Group Inc (ASTL) has an immediate support level at 4.082 and a major resistance level at 4.802. Traders also monitor the pivot point at 4.451 to determine the intraday trend direction.

Is Algoma Steel Group Inc (ASTL) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Algoma Steel Group Inc (ASTL) is currently 55.781. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Algoma Steel Group Inc (ASTL)?

Algoma Steel Group Inc (ASTL) Moving Averages Convergence Divergence (MACD) indicator is 0.0683, suggesting ASTL is strong buy. This indicator helps identify potential trend reversals or momentum shifts for Algoma Steel Group Inc.

How is Algoma Steel Group Inc (ASTL) performing relative to its 200-day moving average?

Algoma Steel Group Inc (ASTL)is currently trading at $4.61, which is below its 200-day simple moving average of 4.886. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.