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Algoma Steel Group Inc. is projected to rise to $4.12 by 2027, a +7% move from its current price of $3.85. 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 8/2/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Aug 3 | $3.72 | $3.85 | $3.98 | -0.02% |
| Aug 4 | $3.67 | $3.85 | $4.04 | -0.05% |
| Aug 5 | $3.63 | $3.85 | $4.08 | -0.07% |
| Aug 6 | $3.59 | $3.85 | $4.12 | -0.09% |
| Aug 7 | $3.57 | $3.85 | $4.15 | -0.11% |
| Aug 8 | $3.54 | $3.84 | $4.18 | -0.14% |
| Aug 9 | $3.51 | $3.84 | $4.20 | -0.16% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $3.51 | $3.84 | $4.20 | -0.16% |
| Week 2 | $3.38 | $3.84 | $4.36 | -0.32% |
| Week 3 | $3.28 | $3.83 | $4.47 | -0.47% |
| Week 4 | $3.20 | $3.83 | $4.58 | -0.63% |
| Week 5 | $3.13 | $3.82 | $4.67 | -0.79% |
| Week 6 | $3.06 | $3.81 | $4.75 | -0.94% |
| Week 7 | $3.00 | $3.81 | $4.83 | -1.10% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Algoma Steel Group Inc. operates in the Basic Materials sector, producing and selling steel products in Canada, the United States, and internationally. Its product lines include flat/sheet steel products, such as 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 light manufacturing and transportation industries.
The company also offers plate steel products consisting of rolled, hot-rolled, and heat-treated varieties for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and armored products for military applications, as well as diameter pipelines and wind energy generation equipment. By-products are provided, including furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines.
The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.
Algoma Steel Group Inc. (ASTL) trades in the Basic Materials space with a current price of $3.84 and a market capitalization of $404.17M, ranking 3009 by market cap. The stock is shown with a neutral near-term stance and a 30-day price range that reflects recent trading levels.
The forecasted path over the coming years provides a range of potential outcomes, showing gradual upside toward mid-decade and substantial gains on the longer horizon.
In the 2026 forecast, the min is $3.46, the avg is $3.84, and the max is $5.02, with an implied neutral sentiment. By 2030, the avg rises to $5.72 with a max of $8.78 and a min of $4.04, yielding a 49.2% ROI and a bullish tilt. Longer horizons show continued upside, culminating in 2050 with an avg of $26.07 and a max of $53.14, for a 579.8% ROI and a bullish outlook.
A major floor 20.6% below — a decisive break under it would weaken the trend.
The nearest floor, 6.8% below — buyers have tended to step in here.
The nearest ceiling, 17.4% above — a clean break opens room to run.
A major ceiling 50.6% 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 | $4.15 | Sell | $4.03 | Sell |
| MA 10 | $4.10 | Sell | $4.05 | Sell |
| MA 20 | $3.91 | Sell | $4.05 | Sell |
| MA 50 | $4.42 | Sell | $4.25 | Sell |
| MA 100 | $4.45 | Sell | $4.39 | Sell |
| MA 200 | $4.36 | Sell | $4.61 | Sell |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 42.34 | Neutral |
| Stoch RSI (14) | 40.81 | Neutral |
| CCI (20) | -15.94 | Neutral |
| Williams %R (14) | -73.97 | Info |
| MACD (12,26,9) | 0.04 | Buy |
| ROC (12) | 1.32 | Buy |
| Bollinger %B (20,2) | 0.45 | Neutral |
| Stochastic %K (14) | 26.03 | Neutral |
| TRIX (15) | -0.37 | Sell |
| Awesome (5,34) | 0.07 | Buy |
| Ultimate (7,14,28) | 44.21 | Neutral |
| Momentum (10) | 0.02 | Buy |
| Aroon Osc (25) | 52.00 | Buy |
| Hull MA (9) | 4.02 | Sell |
| ADX (14) | 22.10 | Sell |
| ATR (14) | 0.13 | Info |
The 30-day technical picture is Neutral in sentiment. The RSI(14) reads 40, suggesting neither overbought nor oversold conditions in the near term.
The stock trades below its key moving averages, with the SMA50 at $4.44 and the SMA200 at $4.36, while the current price stands at $3.84. This places the price beneath near-term averages, indicating limited upside momentum versus these benchmarks.
Support sits at $3.59 and resistance at $4.76, framing a tight near-term range. The 30-day range spans from a low of $3.05 to a high of $4.83, highlighting the potential for volatility within the month.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $3.46 | $3.85 | $5.02 | 0% | Neutral | |
| $3.21 | $4.12 | $5.62 | +7% | Neutral | |
| $3.32 | $4.41 | $6.30 | +15% | Neutral | |
| $3.13 | $4.29 | $6.34 | +11% | Neutral | |
| $3.96 | $5.57 | $8.48 | +45% | Bullish | |
| $4.78 | $6.88 | $10.74 | +79% | Bullish | |
| $4.62 | $6.80 | $10.86 | +77% | Bullish | |
| $4.76 | $7.17 | $11.68 | +86% | Bullish | |
| $4.79 | $7.36 | $12.22 | +91% | Bullish | |
| $4.81 | $7.54 | $12.73 | +96% | Bullish | |
| $6.57 | $11.26 | $20.43 | +192% | Bullish | |
| $12.28 | $24.70 | $49.69 | +541% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| August 2026 | $3.46 | $3.85 | $4.60 | +0.00% |
| September 2026 | $3.09 | $3.68 | $4.52 | -4.44% |
| October 2026 | $3.14 | $3.77 | $4.70 | +2.51% |
| November 2026 | $3.26 | $3.95 | $4.97 | +4.68% |
| December 2026 | $3.24 | $3.95 | $5.02 | -0.04% |
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 $3.85 (low $3.46, high $5.02) — a potential gain of 0% on today's $3.85. A consolidation phase looks the most probable path here.
In 2027, ASTL is projected to trade between $3.21 and $5.62, averaging $4.12 — a potential gain of +7% from today's $3.85. That is up +7% on the projected 2026 average. Price action looks broadly range-bound.
Algoma Steel Group Inc.'s 2028 outlook centres on $4.41, within a $3.32 to $6.30 range. That is up +7% on the projected 2027 average. That marks a +15% change versus current levels. A consolidation phase looks the most probable path here.
By 2029, ASTL could reach as high as $6.34, with a base case around $4.29 and support toward $3.13 — roughly +11% from $3.85. Price action looks broadly range-bound.
Expect ASTL to range from $3.96 to $8.48 through 2030. The $5.57 average target implies a +45% move from current prices. That is up +30% 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 $6.88 (low $4.78, high $10.74) — a potential gain of +79% on today's $3.85. Momentum favours further upside here.
In 2032, ASTL is projected to trade between $4.62 and $10.86, averaging $6.80 — a potential gain of +77% from today's $3.85. That is -1% versus the projected 2031 average. Buyers look set to stay in control over this stretch.
Algoma Steel Group Inc.'s 2033 outlook centres on $7.17, within a $4.76 to $11.68 range. That is up +5% on the projected 2032 average. That marks a +86% change versus current levels. Momentum favours further upside here.
By 2034, ASTL could reach as high as $12.22, with a base case around $7.36 and support toward $4.79 — roughly +91% from $3.85. Buyers look set to stay in control over this stretch.
Expect ASTL to range from $4.81 to $12.73 through 2035. The $7.54 average target implies a +96% move from current prices. That is up +2% on the projected 2034 average. Momentum favours further upside here.
The ASTL price prediction for 2040 points to an average of $11.26 (low $6.57, high $20.43) — a potential gain of +192% on today's $3.85. Buyers look set to stay in control over this stretch.
In 2050, ASTL is projected to trade between $12.28 and $49.69, averaging $24.70 — a potential gain of +541% from today's $3.85. That is up +119% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in ASTL today (≈ 259.74026 ASTL) could be worth
$6,414.43
+$5,414.43 (+541%) by 2050 · US Dollar
Based on the average projected ASTL price of $24.7 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 31, 2025 (≈ 186.915891 ASTL) would be worth
$719.63
-$280.37 (-28.0%) today · 0.72× · US Dollar
Based on a ASTL entry price of $5.35 vs. today's $3.85.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $4.32 | $891.2 | -10.9% |
| 1 month ago | $3.83 | $1,005.22 | +0.5% |
| 3 months ago | $4.82 | $798.76 | -20.1% |
| 6 months ago | $4.23 | $910.17 | -9.0% |
| 1 year ago | $5.35 | $719.63 | -28.0% |
| All time (5.0y) ago | $10.27 | $374.88 | -62.5% |
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 $7.70 around 2040.
Implied market cap at $7.70: $811.49M
In the forecast horizon, the multi-year outlook turns strongly bullish from 2030 onward. The 2030 average price is projected at $5.72, with a min of $4.04 and a max of $8.78, delivering a 49.2% ROI. This reflects a meaningful step up from current levels and implies continued upside momentum into the decade.
Looking further ahead to 2040, the average is projected at $11.71, with a min of $6.73 and a max of $21.48, for a 205.2% ROI. The long-range view remains bullish, supported by higher anticipated price levels and a substantial expansion in potential returns.
The 2050 forecast is the strongest, with an average of $26.07, a min of $12.66, and a max of $53.14, delivering a 579.8% ROI and a bullish sentiment. These figures illustrate the potential for significant upside over a long horizon, though they are estimates and not guarantees; market conditions and other factors could influence actual outcomes.
Overall, the long-term outlook points to meaningful upside from today’s price, while acknowledging the inherent uncertainty in any forward-looking projection.
Tap a question to reveal the answer.
2030 forecast: avg $5.72, min $4.04, max $8.78; ROI 49.2%; sentiment BULLISH. Note: These are estimates, not guarantees.
2040 forecast: avg $11.71, min $6.73, max $21.48; ROI 205.2%; sentiment BULLISH. Note: These are estimates, not guarantees.
2050 forecast: max $53.14, avg $26.07, min $12.66; ROI 579.8%; sentiment BULLISH. Note: These are estimates, not guarantees.
Current price $3.84; market cap $404.17M. Note: These figures are provided as current reference values.
30-day range low $3.05, high $4.83. Support is $3.59 and resistance is $4.76. Note: These are reference levels for the upcoming month.
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