Algoma Steel Group Inc. is projected to rise to $3.84 by 2027, a +6% move from its current price of $3.62. ASTL is currently trading below its 50-day average (a bearish sign). Technical indicators currently lean strong sell.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/11/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 12 | $3.52 | $3.62 | $3.72 | -0.03% |
| Jul 13 | $3.48 | $3.62 | $3.77 | -0.07% |
| Jul 14 | $3.44 | $3.62 | $3.80 | -0.10% |
| Jul 15 | $3.42 | $3.62 | $3.83 | -0.13% |
| Jul 16 | $3.39 | $3.61 | $3.85 | -0.16% |
| Jul 17 | $3.37 | $3.61 | $3.87 | -0.20% |
| Jul 18 | $3.35 | $3.61 | $3.89 | -0.23% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $3.35 | $3.61 | $3.89 | -0.23% |
| Week 2 | $3.24 | $3.60 | $4.01 | -0.46% |
| Week 3 | $3.16 | $3.60 | $4.09 | -0.69% |
| Week 4 | $3.09 | $3.59 | $4.17 | -0.92% |
| Week 5 | $3.03 | $3.58 | $4.23 | -1.14% |
| Week 6 | $2.97 | $3.57 | $4.29 | -1.37% |
| Week 7 | $2.92 | $3.56 | $4.34 | -1.60% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
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.
Its plate steel products consist 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 from steel production.
The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.
Algoma Steel Group Inc. (ASTL) is categorized in Basic Materials. The current price is $3.83, and the company has a market cap of $403.64M. It is ranked 3,255 in size.
The near-term price picture is mixed, with a neutral sentiment reflected in the current setup. The multi-year forecast shows upside potential beginning around 2030, with longer‑term targets significantly higher than today. Specifics show 2030 averaging $5.26 and a max of $7.94, with a 37.3 ROI,
2040 averaging $9.16 and a max of $16.37, with a 139.2 ROI, and 2050 averaging $20.17 and a max of $39.83, with a 426.6 ROI.
A major floor 41.3% below — a decisive break under it would weaken the trend.
Price is testing support right now (0.8% away) — a key level to hold.
The nearest ceiling, 60.2% above — a clean break opens room to run.
A major ceiling 80.8% above — clearing it would confirm fresh momentum.
Key ASTL support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of ASTL market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $3.70 | Sell | $3.70 | Sell |
| MA 10 | $3.83 | Sell | $3.84 | Sell |
| MA 20 | $4.19 | Sell | $4.12 | Sell |
| MA 50 | $4.72 | Sell | $4.46 | Sell |
| MA 100 | $4.55 | Sell | $4.53 | Sell |
| MA 200 | $4.34 | Sell | $4.72 | Sell |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 28.43 | Buy |
| Stoch RSI (14) | 14.71 | Buy |
| CCI (20) | -99.86 | Neutral |
| Williams %R (14) | -95.71 | Info |
| MACD (12,26,9) | -0.04 | Sell |
| ROC (12) | -12.98 | Sell |
| Bollinger %B (20,2) | 0.19 | Neutral |
| Stochastic %K (14) | 4.29 | Buy |
| TRIX (15) | -0.92 | Sell |
| Awesome (5,34) | -0.90 | Sell |
| Ultimate (7,14,28) | 12.09 | Buy |
| Momentum (10) | -0.56 | Sell |
| Aroon Osc (25) | -96.00 | Sell |
| Hull MA (9) | 3.60 | Buy |
| ADX (14) | 29.89 | Sell |
| ATR (14) | 0.11 | Info |
The 30-day technical picture is NEUTRAL, with RSI14 at 30.
The stock trades below the key moving averages, with SMA50 at $4.83 and SMA200 at $4.36. The current price is $3.83, and the 30-day range spans from $3.10 to $4.74. Support is at $3.83 and resistance sits at $5.80. The stock’s volatility is reflected in an annualized volatility of 60%.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $3.46 | $3.62 | $4.63 | 0% | Neutral | |
| $3.04 | $3.84 | $5.12 | +6% | Neutral | |
| $3.06 | $3.96 | $5.50 | +9% | Neutral | |
| $2.88 | $3.83 | $5.47 | +6% | Neutral | |
| $3.58 | $4.85 | $7.11 | +34% | Bullish | |
| $4.10 | $5.68 | $8.50 | +57% | Bullish | |
| $3.93 | $5.54 | $8.46 | +53% | Bullish | |
| $4.25 | $6.09 | $9.46 | +68% | Bullish | |
| $4.19 | $6.10 | $9.63 | +68% | Bullish | |
| $4.07 | $6.02 | $9.65 | +66% | Bullish | |
| $5.49 | $8.71 | $14.87 | +140% | Bullish | |
| $10.19 | $18.26 | $34.20 | +404% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $3.46 | $3.62 | $4.31 | +0.00% |
| August 2026 | $2.96 | $3.50 | $4.25 | -3.34% |
| September 2026 | $2.95 | $3.51 | $4.31 | +0.39% |
| October 2026 | $3.06 | $3.66 | $4.54 | +4.31% |
| November 2026 | $3.07 | $3.70 | $4.63 | +0.99% |
| December 2026 | $3.04 | $3.68 | $4.63 | -0.69% |
Click any year to see its month-by-month ASTL forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
The ASTL price prediction for 2026 points to an average of $3.62 (low $3.46, high $4.63) — a potential gain of 0% on today's $3.62. A consolidation phase looks the most probable path here.
In 2027, ASTL is projected to trade between $3.04 and $5.12, averaging $3.84 — a potential gain of +6% from today's $3.62. That is up +6% on the projected 2026 average. Price action looks broadly range-bound.
Algoma Steel Group Inc.'s 2028 outlook centres on $3.96, within a $3.06 to $5.50 range. That is up +3% on the projected 2027 average. That marks a +9% change versus current levels. A consolidation phase looks the most probable path here.
By 2029, ASTL could reach as high as $5.47, with a base case around $3.83 and support toward $2.88 — roughly +6% from $3.62. Price action looks broadly range-bound.
Expect ASTL to range from $3.58 to $7.11 through 2030. The $4.85 average target implies a +34% move from current prices. That is up +27% on the projected 2029 average. Buyers look set to stay in control over this stretch.
The ASTL price prediction for 2031 points to an average of $5.68 (low $4.10, high $8.50) — a potential gain of +57% on today's $3.62. Momentum favours further upside here.
In 2032, ASTL is projected to trade between $3.93 and $8.46, averaging $5.54 — a potential gain of +53% from today's $3.62. That is -2% versus the projected 2031 average. Buyers look set to stay in control over this stretch.
Algoma Steel Group Inc.'s 2033 outlook centres on $6.09, within a $4.25 to $9.46 range. That is up +10% on the projected 2032 average. That marks a +68% change versus current levels. Momentum favours further upside here.
By 2034, ASTL could reach as high as $9.63, with a base case around $6.10 and support toward $4.19 — roughly +68% from $3.62. Buyers look set to stay in control over this stretch.
Expect ASTL to range from $4.07 to $9.65 through 2035. The $6.02 average target implies a +66% move from current prices. That is -1% versus the projected 2034 average. Momentum favours further upside here.
The ASTL price prediction for 2040 points to an average of $8.71 (low $5.49, high $14.87) — a potential gain of +140% on today's $3.62. Buyers look set to stay in control over this stretch.
In 2050, ASTL is projected to trade between $10.19 and $34.20, averaging $18.26 — a potential gain of +404% from today's $3.62. That is up +110% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in ASTL today (≈ 276.243094 ASTL) could be worth
$5,043.98
+$4,043.98 (+404%) by 2050 · US Dollar
Based on the average projected ASTL price of $18.26 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in ASTLwould be worth at today's price.
$1,000 invested in ASTL on Jul 10, 2025 (≈ 143.061521 ASTL) would be worth
$517.88
-$482.12 (-48.2%) today · 0.52× · US Dollar
Based on a ASTL entry price of $6.99 vs. today's $3.62.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $3.77 | $960.21 | -4.0% |
| 1 month ago | $4.56 | $793.86 | -20.6% |
| 3 months ago | $4.71 | $768.58 | -23.1% |
| 6 months ago | $4.38 | $826.48 | -17.4% |
| 1 year ago | $6.99 | $517.88 | -48.2% |
| All time (5.0y) ago | $10.17 | $355.95 | -64.4% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our ASTL forecast.
Our base-case forecast reaches $7.20 around 2040.
Implied market cap at $7.20: $758.8M
The multi-year outlook is bullish starting in 2030, with an average price of $5.26 and a max of $7.94, yielding a ROI of 37.3. The 2031–2035 run shows continued upside, with 2031 at $6.10 (ROI 59.2), 2032 at $5.92 (ROI 54.7), 2033 at $6.61 (ROI 72.5), 2034 at $6.46 (ROI 68.7), and 2035 at $6.33 (ROI 65.2) as bullish momentum persists.
The forecast for 2040 shows a stronger advance: average price $9.16, max $16.37, ROI 139.2, with bullish sentiment.
By 2050 the forecast envisions substantial upside: average price $20.17, max $39.83, ROI 426.6, with bullish sentiment. These figures are estimates and not guarantees; actual results depend on market conditions and other factors.
Tap a question to reveal the answer.
The 2030 forecast shows an average price of $5.26 with a max of $7.94 and an ROI of 37.3, with a bullish sentiment.
ASTL is currently $3.83. The 30-day technical picture is NEUTRAL with RSI14 at 30. The 30-day range is $3.10 to $4.74, with support at $3.83 and resistance at $5.80.
yes, the 2026 forecast shows a max of $4.98 and an average of $3.83, with a min of $3.46 and ROI of 0, reflecting a NEUTRAL near-term stance.
The 2040 forecast shows an average price of $9.16, a max of $16.37, and ROI of 139.2, with bullish sentiment.
The 2050 forecast shows an average price of $20.17, a max of $39.83, and ROI of 426.6, with bullish sentiment.
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