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Bullish Moving Average Cross by Alcoa Corp (AA)

By Shiri Gupta

Today, shares of Alcoa Corp (NYSE:AA) have advanced above their 10-day MA of $28.21 on a volume of 434K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Alcoa Corp has traded in a range of $25.01 to $62.35 and is now at $28.39, 14% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 1.1%.

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

Keywords: moving crosses alcoa corp

Ticker(s): AA