$4.180
-0.107 (-2.56%)At close
Price Predictions
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ASTL Prediction & Forecast by Similar Chart Analysis
Alphio's ASTL stock price prediction model matches the current Algoma Steel Group Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $4.25 (+1.60%). The 1-week path is $4.28 (+2.34%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Algoma Steel Group Inc Stock?
Algoma Steel Group Inc is not a good buy right now due to significant financial challenges. The current price is $4.18, with a forward P/E ratio of 9.12 indicating potential undervaluation, but the company has reported a staggering net loss of $96 million in Q2 2026 and a gross margin of -28.41%. The main risk is the continued decline in revenue, which fell 54.6% year-over-year, raising concerns about future profitability and investor confidence.
ASTL stock price ended at $4.18 on Friday, after losing -2.56%
Algoma Steel Group Inc (ASTL) last closed at $4.18, losing -2.56%. These facts feed the 1-day and 1-week ASTL price prediction above.
Forecast Drivers
Algoma Steel Group Inc (ASTL) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches ASTL, ranked by similarity.
Seasonality analysis for ASTL
Historically the probability of a positive August return for ASTL is 52.38%. August offers the highest probability of a positive month at 52.38%, while July is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for ASTL
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $5.15 | $6.09 | $6.46 | +45.68% |
| Sep 2026 | $3.25 | $4.31 | $5.96 | +3.16% |
| Oct 2026 | $3.78 | $4.65 | $5.11 | +11.27% |
| Nov 2026 | $5.08 | $5.34 | $6.58 | +27.65% |
| Dec 2026 | $3.07 | $4.31 | $6.10 | +3.16% |
In 2026, Algoma Steel Group Inc (ASTL) is projected to range from $3.07 to $6.58.
Algoma Steel Group Inc 2026 monthly forecast
In Aug 2026, Algoma Steel Group Inc is projected to average $6.09, with a low of $5.15 and high of $6.46.
In Sep 2026, Algoma Steel Group Inc is projected to average $4.31, with a low of $3.25 and high of $5.96.
In Oct 2026, Algoma Steel Group Inc is projected to average $4.65, with a low of $3.78 and high of $5.11.
In Nov 2026, Algoma Steel Group Inc is projected to average $5.34, with a low of $5.08 and high of $6.58.
In Dec 2026, Algoma Steel Group Inc is projected to average $4.31, with a low of $3.07 and high of $6.10.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.