Algoma Steel Group (ASTL, $7.79) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 20, 2025

#Steel, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap
ASTL - Algoma Steel Group
MACD signal
Bearish Trend
78%
Odds of DOWN Trend
Price: $7.79
Daily change: -$0.08 (-1.02%)
Daily volume: 591.6K
Capitalization: $811.6M
Industry: Steel

This is a Bearish indicator signaling ASTL's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 40 similar cases where ASTL's MACD histogram became negative, and 31 of them led to successful outcomes. Odds of Success: 78%.