Algoma Steel Group Inc.
ASTL NASDAQ







Weekly Report
Algoma Steel Group Inc. closed at 4.3900 (-4.15% WoW) . Data window ends Mon, 15 Sep 2025.
How to read this โ Price slope is downward, indicating persistent supply pressure. Elevated weekly volatility increases whipsaw risk. Volume and price are moving in the same direction โ a constructive confirmation. Returns are negatively correlated with volume โ strength may come on lighter activity. Price sits below key averages, keeping pressure on the tape.
Down-slope argues for patience; rallies can fade sooner unless participation improves.
Gauge maps the trend signal to a 0โ100 scale.
How to read this โ Bearish zone with falling momentum โ sellers in control.
Bias remains lower; rallies are suspect unless gauge reclaims 0.50/0.60.
Conclusion
Negative setup. โ โโโโ confidence. Price window: -14. Trend: Downtrend Confirmed; gauge 14. In combination, liquidity confirms the move.
- Liquidity confirms the price trend
- Bearish control with falling momentum
- Momentum is weak/falling
- Price is not above key averages
- High return volatility raises whipsaw risk
Why: Price window -14.59% over 8w. Close is -14.59% below the prior-window high. Return volatility 8.62%. Volume trend falling. Liquidity convergence with price. Trend state downtrend confirmed. Low-regime (โค0.25) upticks 1/7 (14.0%) โข Distributing. Momentum bearish and falling.
Tip: Most metrics include a hover tooltip where they appear in the report.