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ASTL· Materials› Steel

Algoma Steel Group Inc.

Stage 1 · Basing · week 5

As of Oct 22, 2026, Algoma Steel Group is in Stage 1, the basing phase, now in week 5 (since Sep 18, 2026). It closed at $4.59, 20.9% below its 52-week high and above its 200-day average, which is rising.

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. More about the company

$4.59
+2.23% today
$485M · Small cap
Market Neutral — Building

Pro read

Pro

Our read

Basing, not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is ASTL early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S3 14w
S2 19w
S4 18w
S4 18w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 4w → S4 10w → S1 3w → S2 12w → S3 14w → S4 6w → S1 4w → S2 19w → S3 6w → S4 18w → S1 8w → S4 18w → S1 13w → S4 5w → S1 1w → S2 8w → S3 5w → S4 6w → S1 5w current
Total tracked: 165 weeks across 19 stage runs.

ASTL among Steel12th of 21 by relative strength

All 21 →
Stocks in Steel ranked by relative strength, with stage and one-month change
#StockStageRS1M
1HLPStage 2 · wk 996+49.9%
2FRDStage 2 · wk 2095+3.1%
3NUEStage 3 · wk 193+4.7%
4NWPXStage 3 · wk 992−6.2%
5MTStage 3 · wk 189−16.3%
6TXStage 2 · wk 2389−1.1%
7STLDStage 3 · wk 288+2.6%
8GGBStage 2 · wk 2488+3.9%
…12ASTLStage 1 · wk 557+5.3%
vs 52W High
-20.9%
$3.28 lo$5.80 hi
20.9% below 52W high, deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 5
1w13w26w
Week 5, early base
How long this stock has been basing. Longer bases can produce stronger breakouts, but the breakout itself is the signal.
vs 200 DMA
3.8%
200 DMA: $4.42 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
1.20x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
→
Short-term trend flat
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+5.3%
3M
+6.3%
6M
+3.4%
YTD
+17.1%
1Y
+2.9%
Scan Membership
Breakout Watch
Latest: 2024-08-21
4 appearances in last 60 days. First seen: 2022-05-03.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S1
Wk 5 · Vol 1.20x
2026-10-21S1
Wk 5 · Vol 1.17x
2026-10-20S1
Wk 5 · Vol 0.85x
2026-10-19S1
Wk 5 · Vol 1.33x
2026-10-16S1
Wk 5 · Vol 1.04x
2026-10-15S1
Wk 4 · Vol 1.22x
2026-10-14S1
Wk 4 · Vol 0.56x
2026-10-13S1
Wk 4 · Vol 0.50x
2026-10-12S1
Wk 4 · Vol 0.12x
2026-10-09S1
Wk 4 · Vol 0.38x
2026-10-08S1
Wk 3 · Vol 0.30x
2026-10-07S1
Wk 3 · Vol 0.33x
Moving averages & range
50 DMA
$4.29
200 DMA
$4.42
52W High
$5.80
52W Low
$3.28
5D Low
$4.03
Resistance levels (recent highs)
20d High
$4.59
60d High
$4.79
120d High
$5.80
250d High
$5.80
Next resistance
+4.4%
to 60d High
ROE
-139.1%
Profit margin -71.6%
Dividend Yield
0.00%
P/B 2.3

Algoma Steel Group: quick answers

What stage is Algoma Steel Group in?

As of Oct 22, 2026, Algoma Steel Group (ASTL) is in Stage 1, the basing phase. It entered Stage 1 on Sep 18, 2026 and is in week 5. What the four stages mean

Is Algoma Steel Group in an uptrend?

Not yet. Algoma Steel Group is in Stage 1, a base that can come before an uptrend. It trades 3.8% above its 200-day average, which is rising.

How far is Algoma Steel Group from its 52-week high?

Algoma Steel Group closed at $4.59 on Oct 22, 2026, 20.9% below its 52-week high of $5.80. Its 52-week low is $3.28.

How has Algoma Steel Group performed over the past year?

As of Oct 22, 2026, Algoma Steel Group is up 2.9% over the past year and up 17.1% so far in 2026.

Which sector and industry is Algoma Steel Group in?

Algoma Steel Group is in the Steel industry, part of the Materials sector.

About this companyMaterials· Steel

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural tube product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, armored products for military applications, diameter pipelines, and wind energy generation equipment. It also provides by-products, such as furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines. The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.