Technical Analysis for AAI - Alcoa Inc

Grade Last Price % Change Price Change
B 56.430 -0.84% -0.480
AAI closed down 0.84 percent on Thursday, October 3, 2024, on 33 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Oct 17
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Wide Bands Range Expansion -0.84%
Gapped Up Strength -0.84%
Overbought Stochastic Strength -0.84%
Wide Bands Range Expansion 0.88%
Overbought Stochastic Strength 0.88%
Gapped Down Weakness 0.88%
New 52 Week Closing High Bullish -2.20%
Pocket Pivot Bullish Swing Setup -2.20%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 14 hours ago
Down 1% about 14 hours ago
Rose Above Previous Day's High 1 day ago
Up 2% 1 day ago
Gap Up Partially Closed 1 day 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 57.87
52 Week Low 41.5891
Average Volume 269,462
200-Day Moving Average 0.000
50-Day Moving Average 0.000
20-Day Moving Average 50.449
10-Day Moving Average 54.450
Average True Range 1.673
RSI (14) 66.33
ADX 32.8
+DI 51.782
-DI 20.347
Chandelier Exit (Long, 3 ATRs) 52.853
Chandelier Exit (Short, 3 ATRs) 47.278
Upper Bollinger Bands 60.455
Lower Bollinger Band 40.442
Percent B (%b) 0.8
BandWidth 39.669
MACD Line 2.524
MACD Signal Line 1.770
MACD Histogram 0.7538
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.780
Resistance 3 (R3) 57.827 57.423 57.555
Resistance 2 (R2) 57.423 57.080 57.400 57.480
Resistance 1 (R1) 56.927 56.867 56.725 56.880 57.405
Pivot Point 56.523 56.523 56.423 56.500 56.523
Support 1 (S1) 56.027 56.180 55.825 55.980 55.455
Support 2 (S2) 55.623 55.967 55.600 55.380
Support 3 (S3) 55.127 55.623 55.305
Support 4 (S4) 55.080