TSX:ASTL Technical Analysis

Algoma Steel Group Inc. — Technical Analysis & Chart Patterns

16 formations appear in ASTL's daily price history. A mitigation block, bearish completed with a downward breakout on August 10, 2026; a breaker block, bearish completed with a downward breakout on August 10, 2026; a fair value gap (fvg), bullish completed with an upward breakout on August 12, 2026; a hurst fld upward cross completed with an upward breakout on August 19, 2026; a break of structure (bos) completed with an upward breakout on August 19, 2026; a market structure shift (mss) / choch completed with a downward breakout on August 25, 2026; an elliott wave flat correction is currently forming and has not yet triggered; a mitigation block, bullish completed with an upward breakout on August 20, 2026; a p&f double bottom breakdown completed with a downward breakout on August 24, 2026; a hurst fld downward cross completed with a downward breakout on August 24, 2026; an order block (ob), bearish is currently forming and has not yet triggered; a long day, white printed a bullish signal on September 17, 2026; a long day, black printed a bearish signal on September 18, 2026; a head-and-shoulders top is currently forming and has not yet triggered; a three falling peaks is currently forming and has not yet triggered; a three rising valleys is currently forming and has not yet triggered.

Signal balance Conflicted — signals cancel 2 bullish (4.5) · 4 bearish (7.5)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 6 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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FORMING
Head-and-Shoulders Top — Nov 28, 2025 to Sep 21, 2026
FORMING
Three Falling Peaks — Jun 1, 2026 to Sep 21, 2026
FORMING
Three Rising Valleys — Jul 10, 2026 to Sep 21, 2026
BREAKOUT DOWN
Long Day, Black — Sep 18, 2026 to Sep 18, 2026 · broke out on Sep 18, 2026
BREAKOUT UP
Long Day, White — Sep 17, 2026 to Sep 17, 2026 · broke out on Sep 17, 2026
FORMING
Order Block (OB), Bearish — Aug 19, 2026 to Aug 26, 2026
BREAKOUT DOWN
P&F Double Bottom Breakdown — Aug 14, 2026 to Aug 21, 2026 · broke out on Aug 24, 2026
BREAKOUT DOWN
Hurst FLD Downward Cross — Jul 10, 2026 to Aug 21, 2026 · broke out on Aug 24, 2026
BREAKOUT UP
Mitigation Block, Bullish — Jul 23, 2026 to Aug 20, 2026 · broke out on Aug 20, 2026
BREAKOUT DOWN
Market Structure Shift (MSS) / ChoCh — Jul 30, 2026 to Aug 19, 2026 · broke out on Aug 25, 2026
FORMING
Elliott Wave Flat Correction — Jul 10, 2026 to Aug 19, 2026
BREAKOUT UP
Hurst FLD Upward Cross — May 27, 2026 to Aug 18, 2026 · broke out on Aug 19, 2026
BREAKOUT UP
Break of Structure (BOS) — Jul 30, 2026 to Aug 18, 2026 · broke out on Aug 19, 2026
BREAKOUT UP
Fair Value Gap (FVG), Bullish — Aug 7, 2026 to Aug 12, 2026 · broke out on Aug 12, 2026
BREAKOUT DOWN
Mitigation Block, Bearish — Jun 10, 2026 to Aug 10, 2026 · broke out on Aug 10, 2026
BREAKOUT DOWN
Breaker Block, Bearish — May 21, 2026 to Aug 10, 2026 · broke out on Aug 10, 2026
Detected on this chart: Head-and-Shoulders Top (forming now), Three Falling Peaks (forming now), Three Rising Valleys (forming now), Long Day, Black, Long Day, White, Order Block (OB), Bearish (forming now), P&F Double Bottom Breakdown, Hurst FLD Downward Cross, Mitigation Block, Bullish, Market Structure Shift (MSS) / ChoCh, Elliott Wave Flat Correction (forming now), Hurst FLD Upward Cross, Break of Structure (BOS), Fair Value Gap (FVG), Bullish, Mitigation Block, Bearish, Breaker Block, Bearish. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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