Technical Analysis for AAI - Alcoa Inc

Grade Last Price % Change Price Change
B 49.910 -0.87% -0.440
AAI closed down 0.87 percent on Wednesday, September 18, 2024, on 1.35 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Overbought Stochastic Strength 0.00%
Pocket Pivot Bullish Swing Setup -0.87%
Gapped Up Strength -0.87%
Up 3 Days in a Row Strength -0.87%
Up 4 Days in a Row Strength -0.87%
Crossed Above 20 DMA Bullish 2.09%
Pocket Pivot Bullish Swing Setup 2.09%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 21 hours ago
3x Volume Pace about 21 hours ago
2x Volume Pace about 21 hours ago
Down 1% about 21 hours ago
1.5x Volume Pace about 21 hours ago

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Profile

Alcoa Inc Description

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets; and flat-rolled aluminum in the form of sheet, which is sold primarily to customers that produce beverage and food cans. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.


Classification

Sector: Basic Materials
Industry: Aluminum

Is AAI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 51.3
52 Week Low 41.5891
Average Volume 271,906
200-Day Moving Average 0.000
50-Day Moving Average 0.000
20-Day Moving Average 47.083
10-Day Moving Average 45.806
Average True Range 1.536
RSI (14) 62.69
ADX 19.97
+DI 52.312
-DI 27.696
Chandelier Exit (Long, 3 ATRs) 46.693
Chandelier Exit (Short, 3 ATRs) 46.867
Upper Bollinger Bands 52.358
Lower Bollinger Band 41.808
Percent B (%b) 0.77
BandWidth 22.408
MACD Line -0.033
MACD Signal Line -0.545
MACD Histogram 0.5116
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.675
Resistance 3 (R3) 50.680 50.430 50.548
Resistance 2 (R2) 50.430 50.235 50.428 50.505
Resistance 1 (R1) 50.170 50.115 50.045 50.165 50.462
Pivot Point 49.920 49.920 49.858 49.918 49.920
Support 1 (S1) 49.660 49.725 49.535 49.655 49.358
Support 2 (S2) 49.410 49.605 49.408 49.315
Support 3 (S3) 49.150 49.410 49.273
Support 4 (S4) 49.145