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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Alcoa Corporation (NYSE:AA)

Countertrend Up (+85) - AA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NYSE_AA
Open High Low AA Price Change
42.2000 42.2554 40.3300 41.0500 -1.1000
Entry Signal

MarketClub’s Trade Triangles for AA

long term up The long-term trend has been UP since Dec 15th, 2023 at 31.450

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 28.095

short term down The short-term trend has been DOWN since May 23rd, 2024 at 41.020

Smart Scan Analysis for AA

Based on our trend formula, AA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.2000 42.2554 40.3300 41.0500 -1.1000
Prev. Close Volume Bid Ask Time
41.0500 4152249 2024-05-23 15:59:53
Year High62.35Year High Date2018-04-19
Year Low30.95Year Low Date2018-11-27
52wk High44.5752wk High Date2024-05-21
52wk Low23.0752wk Low Date2023-10-23
Year End Close8.68Average Volume5,741,648
Shares Outstanding179,560Short Interest71,955,760
% Institutional59.1Market Cap4,115M
Assets143,280,000MLiabilities103,340,000M
P/E Ratio7.9533Beta1.87
Volatility60.93
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