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9.42
0.75%
0.07
After Hours:
9.46
0.04
+0.42%
Algoma Steel Group Inc Stock (ASTL) Forecast
The Algoma Steel Group Inc (ASTL) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $5.4818, representing a -41.81% decrease from the current price of $9.42. The highest analyst price target is $6.6246, and the lowest is $4.3389.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ASTL Price Target
Average 4.552
(-51.68% Downside)
Is Algoma Steel Group Inc (ASTL) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 31.65 | Neutral |
| STOCH(9,6) | 11.64 | Buy |
| STOCHRSI(14) | 12.76 | Buy |
| MACD(12,26) | -0.3361 | Sell |
| ADX(14) | 22.60 | Neutral |
| William %R | -86.93 | Buy |
| CCI(14) | -75.61 | Neutral |
Buy: 3
Sell: 1
Neutral: 3
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
9.816
Sell
|
9.765
Sell
|
| MA20 |
10.23
Sell
|
10.08
Sell
|
| MA50 |
10.44
Sell
|
10.26
Sell
|
| MA100 |
10.15
Sell
|
9.957
Sell
|
| MA200 |
8.9881
Buy
|
9.3484
Buy
|
Buy: 2
Sell: 8
Neutral: 0
Summary: Sell
According to our latest analysis, ASTL could be considered a Strong Sell, with 17 technical analysis indicators signaling 5 Buy signals, 9 signaling Sell signals and 3 Neutral signals. This might not be a good time to consider opening new positions on ASTL, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 31.65 indicates that ASTL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 11.64 indicates that ASTL is oversold. This indicates that ASTL price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 12.76 indicates that ASTL is oversold. This suggests that ASTL price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 22.6 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -75.61 indicates that ASTL is still oversold but not to an extreme extent.
Long-term ASTL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Algoma Steel Group Inc financial reports and earnings history, Algoma Steel Group Inc (ASTL) stock could reach $3.4125 by 2030, $12.55 by 2040 and $15.12 by 2050. See the projected annual prices until 2050 of the Algoma Steel Group Inc stock below:
- Algoma Steel Group Inc (ASTL) is expected to reach an average price of $4.1159 in 2035, with a high prediction of $4.0928 and a low estimate of $3.8382. This indicates an $-56.31% rise from the last recorded price of $9.42.
- Algoma Steel Group Inc (ASTL) stock is projected to chart a bullish course in 2040, with an average price target of $12.54, representing an $33.09% surge from its current level. The forecast ranges from a conservative $12.88 to a sky-high $12.55.
- Our analysts predict Algoma Steel Group Inc (ASTL) to jump 100.18% by 2045, soaring from $17.81 to an average price of $18.86, potentially reaching $18.43. While $17.81 is the low estimate, the potential upside is significant.
- Algoma Steel Group Inc (ASTL) stock is expected to climb by 2050, reaching an average of $15.18, a $61.11% jump from its current level. However, a wide range of estimates exists, with high and low targets of $15.12 and $15.40, respectively, highlighting the market's uncertainty.
Algoma Steel Group Inc Stock (ASTL) Year by Year Forecast
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2025
Algoma Steel Group Inc Stock (ASTL) is expected to reach an average price of $4.552 in 2025, with a high prediction of $6.6246 and a low estimate of $2.4793. This indicates an -51.68% fall from the last recorded price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $5.9069 | $4.3389 | $6.6246 | -37.29% |
| February, 2025 | $5.7593 | $5.3812 | $6.185 | -38.86% |
| March, 2025 | $6.1416 | $5.3835 | $6.3654 | -34.80% |
| April, 2025 | $6.222 | $5.3039 | $6.6197 | -33.95% |
| May, 2025 | $3.3643 | $2.9362 | $6.38 | -64.29% |
| June, 2025 | $3.5766 | $3.1023 | $3.7785 | -62.03% |
| July, 2025 | $3.427 | $3.1227 | $4.3627 | -63.62% |
| August, 2025 | $3.2493 | $2.4793 | $3.7031 | -65.51% |
| September, 2025 | $4.1316 | $2.6485 | $4.1416 | -56.14% |
| October, 2025 | $4.652 | $4.0597 | $5.717 | -50.62% |
| November, 2025 | $4.8343 | $4.21 | $6.1362 | -48.68% |
| December, 2025 | $4.7347 | $4.2554 | $5.2385 | -49.74% |
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2026
The predicted value for Algoma Steel Group Inc (ASTL) in 2026 is set at an average of $5.5649. Estimates vary from a peak of $7.5739 to a trough of $3.5558, indicating an -40.92% surge from the present price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $4.137 | $3.8339 | $5.0327 | -56.08% |
| February, 2026 | $4.4093 | $3.6512 | $4.8351 | -53.19% |
| March, 2026 | $4.1816 | $3.6135 | $5.1904 | -55.61% |
| April, 2026 | $4.852 | $4.0197 | $4.887 | -48.49% |
| May, 2026 | $4.3443 | $3.8281 | $4.9712 | -53.88% |
| June, 2026 | $4.1066 | $4.0066 | $4.9605 | -56.41% |
| July, 2026 | $3.747 | $3.5558 | $4.2378 | -60.22% |
| August, 2026 | $4.5993 | $3.6451 | $4.8412 | -51.18% |
| September, 2026 | $5.4497 | $4.4174 | $6.0097 | -42.15% |
| October, 2026 | $7.027 | $5.1928 | $7.5739 | -25.40% |
| November, 2026 | $5.7043 | $5.5912 | $7.0648 | -39.44% |
| December, 2026 | $5.4947 | $5.1605 | $6.2447 | -41.67% |
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Algoma Steel Group Inc (ASTL) is $3.5416, with a high forecast of $6.2932 and a low forecast of $0.79. This indicates an -62.40% decrease from the last price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $5.327 | $4.9559 | $5.6359 | -43.45% |
| February, 2027 | $5.2693 | $4.9594 | $6.2932 | -44.06% |
| March, 2027 | $4.7312 | $3.40 | $6.2462 | -49.78% |
| April, 2027 | $2.6308 | $2.4408 | $5.0223 | -72.07% |
| May, 2027 | $3.5354 | $1.4181 | $3.5854 | -62.47% |
| June, 2027 | $1.7862 | $0.79 | $4.1216 | -81.04% |
| July, 2027 | $1.8708 | $1.0358 | $3.0785 | -80.14% |
| August, 2027 | $3.6354 | $1.6969 | $3.9354 | -61.41% |
| September, 2027 | $3.8362 | $3.455 | $5.4516 | -59.28% |
| October, 2027 | $1.9008 | $1.0408 | $4.1723 | -79.82% |
| November, 2027 | $2.6254 | $1.812 | $3.1893 | -72.13% |
| December, 2027 | $2.4262 | $0.9277 | $2.9127 | -74.24% |
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2028
In 2028, Algoma Steel Group Inc (ASTL) is projected to reach an average price of $1.6548, with a high projection of $3.2974 and a low estimate of $0.0122. This indicates an -82.43% fall from the last price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $2.4908 | $2.0024 | $3.0108 | -73.56% |
| February, 2028 | $2.9854 | $2.037 | $3.2974 | -68.31% |
| March, 2028 | $0.9362 | $0.8212 | $3.0901 | -90.06% |
| April, 2028 | $0.4908 | $0.0665 | $1.2274 | -94.79% |
| May, 2028 | $0.0916 | $0.017 | $1.1455 | -99.03% |
| June, 2028 | $0.2238 | $0.0122 | $0.5262 | -97.62% |
| July, 2028 | $0.0409 | $0.3041 | $0.1809 | -99.57% |
| August, 2028 | $2.3316 | $0.1132 | $2.4416 | -75.25% |
| September, 2028 | $1.8762 | $1.1301 | $2.6289 | -80.08% |
| October, 2028 | $1.3709 | $1.2159 | $3.0724 | -85.45% |
| November, 2028 | $1.3916 | $1.1416 | $2.207 | -85.23% |
| December, 2028 | $1.2263 | $0.8428 | $1.8601 | -86.98% |
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2029
The 2029 price forecast for Algoma Steel Group Inc Stock (ASTL) is $2.7924 on average, with a high prediction of $4.8978 and a low estimate of $0.687. This represents an -70.36% decrease from the previous price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $1.107 | $0.687 | $2.2559 | -88.25% |
| February, 2029 | $1.3717 | $0.9932 | $1.6455 | -85.44% |
| March, 2029 | $1.2263 | $0.9663 | $2.009 | -86.98% |
| April, 2029 | $1.9209 | $1.2886 | $2.1309 | -79.61% |
| May, 2029 | $0.9217 | $0.7667 | $2.0571 | -90.22% |
| June, 2029 | $1.4963 | $0.8378 | $1.6763 | -84.12% |
| July, 2029 | $2.4209 | $1.4325 | $2.4909 | -74.30% |
| August, 2029 | $4.6817 | $2.3871 | $4.7317 | -50.30% |
| September, 2029 | $3.7663 | $3.6143 | $4.8978 | -60.02% |
| October, 2029 | $3.1771 | $2.5409 | $3.5825 | -66.27% |
| November, 2029 | $2.8817 | $2.3767 | $3.6494 | -69.41% |
| December, 2029 | $3.1363 | $2.444 | $3.7463 | -66.71% |
Algoma Steel Group Inc Stock (ASTL) Price Forecast for 2030
Algoma Steel Group Inc Stock (ASTL) is expected to reach an average price of $1.7234 in 2030, with a high forecast of $3.4125 and a low forecast of $0.0343. This signifies an -81.71% decrease from the last price of $9.42.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $2.9206 | $2.4287 | $3.4125 | -69.00% |
| February, 2030 | $0.3973 | $0.2642 | $2.5442 | -95.78% |
| March, 2030 | $1.3004 | $0.4131 | $0.9604 | -86.20% |
| April, 2030 | $0.8434 | $0.9577 | $1.0361 | -91.05% |
| May, 2030 | $1.2873 | $2.0923 | $1.835 | -86.33% |
| June, 2030 | $0.4653 | $1.5953 | $1.4738 | -95.06% |
| July, 2030 | $1.2658 | $0.1616 | $1.9273 | -86.56% |
| August, 2030 | $0.8573 | $0.0343 | $1.35 | -90.90% |
| September, 2030 | $0.5203 | $1.4103 | $1.1288 | -94.48% |
| October, 2030 | $0.8992 | $0.8261 | $0.5476 | -90.45% |
| November, 2030 | $0.9822 | $1.2207 | $0.9172 | -89.57% |
| December, 2030 | $0.5353 | $0.988 | $0.5245 | -94.32% |
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