Why is Algoma Steel Group Inc. (NASDAQ: ASTL) stock down today?

ASTL on the NASDAQ is down -3.85% at $4.25 today, with price action that suggests selling interest.

What moved Algoma Steel Group Inc. (NASDAQ: ASTL) stock today?

Today's move in ASTL on the NASDAQ came alongside volume -23.20% below average and a day range of $4.19–$4.45.

How much did Algoma Steel Group Inc.'s (NASDAQ: ASTL) volume change today?

ASTL's volume on the NASDAQ was 841.06K, -23.20% below its average.

Is Algoma Steel Group Inc. (NASDAQ: ASTL) breaking a resistance level?

ASTL on the NASDAQ is trading above its 50-day MA ($4.17) and below its 200-day MA ($4.41), which points to mixed moving-average signals.

Why Is Algoma Steel Group Inc. (NASDAQ: ASTL) Stock Up Today?

Live update on ASTL's movement on the NASDAQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

ASTL●NASDAQ

Basic MaterialsSteel

$4.25

$0.17(3.85%)

U.S. Market opens in 19h 30m

ASTL is Down -3.85% today

You might want to check out Why is ASTL Down Today?

Algoma Steel Group Inc. (NASDAQ: ASTL) Update

Volume

841.06K

↓ 23.00%

Open / Previous Close

$4.41 / $4.42

Day Range (Low / High)

$4.19 - $4.45

Algoma Steel Group Inc. (NASDAQ: ASTL) Summary

Algoma Steel Group Inc. (NASDAQ: ASTL) is trading down -3.85% at $4.25, reflecting a negative shift in investor sentiment today. The stock opened at $4.41 and has moved between $4.19 and $4.45 so far.

Trading volume is 841058, which is 23% below its average, and the price action suggests selling interest.

Technically, ASTL on the NASDAQ is trading above its 50-day moving average of $4.17 and below its 200-day moving average of $4.41, indicating short-term strength but long-term weakness.

Meyka's AI assigns ASTL a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -9.88% in 1 month ($3.83), -37.81% in 1 year ($2.64), and -100.00% in 5 years ($0.00).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
Stay informed and make better investment decisions.

ASTL (NASDAQ) Technical Signals

Trading over 50-day moving average ($4.17)

Trading below 200-day moving average ($4.41)

Analyst Recommendations data is not available for ASTLAnalyst Recommendations details for ASTL are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$3.83

1 Year

$2.64

3 Years

N/A

5 Years

N/A

C+

Normal59.00

Is this change significant?

5-Day:-1.85%

1-Month:+3.91%

3-Month:-5.97%

What's next?

Next earnings date: 7/30/2025