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Stock Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
Alcoa Corporation (NYSE:AA)
Sidelines Mode (+55) - AA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AA?
MarketClub looks at technical strength and momentum to determine if the timing is right for AA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AA
The long-term trend has been DOWN since Jul 24th, 2024 at 33.51
The intermediate-term trend has been UP since Sep 16th, 2024 at 35.18
The short-term trend has been DOWN since Oct 3rd, 2024 at 38.27
Smart Scan Analysis for AA
Based on our trend formula, AA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.030 | 39.620 | 38.640 | 39.125 | +0.955 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.120 | 3557254 | 2024-10-04 15:59:27 |
| Year High | 62.35 | Year High Date | 2018-04-19 |
| Year Low | 30.95 | Year Low Date | 2018-11-27 |
| 52wk High | 45.48 | 52wk High Date | 2024-05-30 |
| 52wk Low | 23.07 | 52wk Low Date | 2023-10-23 |
| Year End Close | 8.68 | Average Volume | 6,032,669 |
| Shares Outstanding | 258,340 | Short Interest | 71,955,760 |
| % Institutional | 59.1 | Market Cap | 4,115M |
| Assets | 143,070,000M | Liabilities | 104,080,000M |
| P/E Ratio | 7.9533 | Beta | 1.87 |
| Volatility | 60.93 |