Why is ALM Down Today?

ALM
$12.88
▼ -2.17% ($-0.28)
Last updated: Oct 01, 2026 4:36 PM ET (676 min ago)

About Almonty Industries Inc. Common Shares

Almonty Industries Inc is engaged in the mining, processing, and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo ...

Sector: Metal Mining
Market Cap: $1.30B
Forward P/E: 21.4
52-Week Range: $5.44 - $24.41
Employees: 306

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 Metal Mining sector moving together
This appears to be a sector-wide move. The Metal Mining sector is down 1.6% on average.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

Metal Mining sector: -1.6%

This appears to be a sector-wide move. Most Metal Mining stocks are moving in the same direction.

Market Comparison

ALM is significantly underperforming the market (-2.4% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
ALM
This Stock
-2.17%
vs S&P 500: -2.35%
vs Nasdaq: -2.48%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ALM is expected to trade between:
$12.49 - $13.13

Key Level to Watch

$12.23 support
Watch for breakdown below $12.88

🔔 Get ALM Alerts

We'll notify you when ALM's trend changes or a new signal fires.

Last updated: Oct 01, 2026 4:36 PM (676 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.43
Put/Call Ratio
95.2%
Implied Volatility
Call Volume: 12,001
Put Volume: 5,194
Total: 17,195
Unusual Activity: $17.5 CALL (2,005 vol)

Historical Context

ALM has moved more than 3.0% down on 76 occasions in the past year.

51.3%
Continuation Rate
39/76 times continued down
+1.19%
Avg Next Day Change
After similar down moves
Last similar move: Sep 28, 2026 (-3.7%) → Next day: -0.2%

Frequently Asked Questions

Why is ALM stock down today?

This appears to be a sector-wide move. The Metal Mining sector is down 1.6% on average.

Is ALM stock a buy or sell right now?

Based on current analysis, ALM shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ALM stock price target?

ALM is currently trading at $12.88. Based on today's momentum, the expected short-term range is $12.49 - $13.13. See long-term price prediction →

Will ALM stock continue falling?

Our analysis shows a 45% probability that ALM's move continues in the next 1-3 days. Key level to watch: $12.23 (support).

Is ALM stock oversold or overbought?

ALM's RSI (Relative Strength Index) is currently at 40.3. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ALM stock?

ALM's 10-day momentum indicator is at -0.95. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is ALM outperforming or underperforming the market?

ALM (-2.17%) is currently significantly underperforming the market (-2.4% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for ALM?

ALM's MACD (-0.85) is currently below the signal line (-0.67), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 23.3) is moderate.

Is ALM in an uptrend or downtrend?

Based on moving average analysis, ALM is in a bearish trend. The price ($12.88) is trading below both the 20-day SMA ($14.83) and 50-day SMA ($15.01). This alignment typically indicates sustained downward pressure.

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