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Bullish Moving Average Cross by Alcoa Corp (AA)

By Amy Schwartz

Alcoa Corp (NYSE:AA) crossed over its 10-day moving average of $19.19 on a volume of 1.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Alcoa Corp share prices have been bracketed by a low of $16.46 and a high of $41.01 and are now at $19.30, 17% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.7%.

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