Technical Analysis for AAI - Alcoa Inc

Grade Last Price % Change Price Change
A 51.760 3.71% 1.850
AAI closed up 3.71 percent on Thursday, September 19, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. 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
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 3.71%
Stochastic Reached Overbought Strength 3.71%
Multiple of Ten Bearish Other 3.71%
Overbought Stochastic Strength 3.71%
Pocket Pivot Bullish Swing Setup 2.80%
Gapped Up Strength 2.80%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 10 hours ago
Up 3% about 10 hours ago
New 52 Week High about 13 hours ago
Rose Above Previous Day's High about 14 hours ago
Up 2% about 14 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 51.76
52 Week Low 41.5891
Average Volume 271,795
200-Day Moving Average 0.000
50-Day Moving Average 0.000
20-Day Moving Average 47.204
10-Day Moving Average 46.447
Average True Range 1.558
RSI (14) 66.78
ADX 21.18
+DI 55.065
-DI 25.392
Chandelier Exit (Long, 3 ATRs) 47.086
Chandelier Exit (Short, 3 ATRs) 46.934
Upper Bollinger Bands 52.782
Lower Bollinger Band 41.625
Percent B (%b) 0.91
BandWidth 23.634
MACD Line 0.343
MACD Signal Line -0.367
MACD Histogram 0.7104
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 53.920
Resistance 3 (R3) 53.680 52.720 53.560
Resistance 2 (R2) 52.720 52.170 52.840 53.440
Resistance 1 (R1) 52.240 51.830 52.480 52.480 53.320
Pivot Point 51.280 51.280 51.400 51.400 51.280
Support 1 (S1) 50.800 50.730 51.040 51.040 50.200
Support 2 (S2) 49.840 50.390 49.960 50.080
Support 3 (S3) 49.360 49.840 49.960
Support 4 (S4) 49.600