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Bearish Moving Average Cross by Century Aluminum (CENX)

By Nick Russo

Century Aluminum (NASDAQ:CENX) crossed under its 10-day moving average of $9.27 on a volume of 682K 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.

In the past 52 weeks, shares of Century Aluminum have traded between a low of $6.54 and a high of $19.38 and are now at $8.75, which is 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in Century Aluminum. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Century Aluminum in search of a potential trend change.

Keywords: moving crosses Century Aluminum

Ticker(s): CENX