


Technical Sentiment Analysis for Algoma Steel Group Inc (ASTL) As of 2026-05-08, Algoma Steel Group Inc (ASTL) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ASTL stands at 62.779, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.169, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 86.974 and the Commodity Channel Index (CCI) at 151.451 further confirm a 0.62 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ASTL is trading above its 60-day moving average of $4.457 and above its 200-day long-term moving average of $4.376. Key price levels to watch include the immediate resistance at $5.268 and strong support at $4.413. A break above $5.268 could signal a bull continuation, while falling below $4.413 may test the next Fibonacci floor at $3.996.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.558 | 3.996 | 4.413 | 4.851 | 5.268 | 5.706 | 6.123 |
| Fibonacci | 3.996 | 4.323 | 4.525 | 4.851 | 5.178 | 5.38 | 5.706 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 62.779 |
| STOCHk_14_3_3 | 86.974 |
| STOCHd_14_3_3 | 80.736 |
| CCI_20 | 151.451 |
| AO_5_34 | 0.452 |
| MOM_10 | 0.62 |
| MACD_12_26_9 | 0.169 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 5.004 | Buy |
| MA_10 | 4.829 | Buy |
| MA_20 | 4.788 | Buy |
| MA_60 | 4.457 | Buy |
| MA_200 | 4.376 | Buy |
| MA_250 | 4.759 | Buy |