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ASTL
Stock ticker: NASDAQ
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ASTL stock forecast, quote, news & analysis

Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located... Show more

A.I.Advisor
published price charts
A.I.Advisor
a Summary for ASTL with price predictions
Nov 09, 2026

ASTL sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for ASTL moved above the 200-day moving average on November 09, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 21, 2026. You may want to consider a long position or call options on ASTL as a result. In 69 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 77%.

The Moving Average Convergence Divergence (MACD) for ASTL just turned positive on October 21, 2026. Looking at past instances where ASTL's MACD turned positive, the stock continued to rise in 34 of 48 cases over the following month. The odds of a continued upward trend are 71%.

ASTL moved above its 50-day moving average on October 21, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ASTL crossed bullishly above the 50-day moving average on October 23, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 13 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 76%.

Following a +16.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASTL advanced for three days, in 205 of 266 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

The Aroon Indicator entered an Uptrend today. In 119 of 172 cases where ASTL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 69%.

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASTL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.

ASTL broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 28 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.923) is normal, around the industry mean (2.084). P/E Ratio (-0.530) is within average values for comparable stocks, (32.382). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.339). Dividend Yield (0.037) settles around the average of (0.073) among similar stocks. P/S Ratio (0.423) is also within normal values, averaging (2.301).

The Tickeron Price Growth Rating for this company is 36 (best 1 - 100 worst), indicating steady price growth. ASTL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is 88 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is 99 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ASTL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock worse than average.

A.I.Advisor
published Dividends

ASTL paid dividends on May 30, 2025

Algoma Steel Group ASTL Stock Dividends
А dividend of $0.05 per share was paid with a record date of May 30, 2025, and an ex-dividend date of May 13, 2025. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), Cleveland-Cliffs (NYSE:CLF).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 9.72B. The market cap for tickers in the group ranges from 5K to 55.58B. NUE holds the highest valuation in this group at 55.58B. The lowest valued company is ADTC at 5K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was -5%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was 10%. ASTL experienced the highest price growth at 18%, while INHD experienced the biggest fall at -23%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was -0%. For the same stocks of the Industry, the average monthly volume growth was -3% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 42
P/E Growth Rating: 55
Price Growth Rating: 58
SMR Rating: 77
Profit Risk Rating: 70
Seasonality Score: 8 (-100 ... +100)
ASTL sees its 50-day moving average cross bullishly above its 200-day moving average