• Return to Headlines

Alcoa Corp Bearish Moving Average Crossover Alert (AA)

By David Diaz

Alcoa Corp (NYSE:AA) shares have crossed bearishly below their 10-day moving average of $20.97 on a volume of 277K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Alcoa Corp has traded in a range of $16.46 to $37.94 and is now at $20.84, 27% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.5%.

SmarTrend is tracking the current trend status for Alcoa Corp and will alert subscribers who have AA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses alcoa corp

Ticker(s): AA