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Century Aluminum Bearish Moving Average Crossover Alert (CENX)

By Nick Russo

Today, shares of Century Aluminum (NASDAQ:CENX) have crossed bearishly below their 10-day moving average of $16.62 on a volume of 479K shares. Swing traders may find 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 $5.53 and a high of $24.77 and are now at $16.39, which is 196% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has slid 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Century Aluminum on March 22nd, 2018 by issuing a Downtrend alert when the shares were trading at $18.41. Since that call, shares of Century Aluminum have fallen 7.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Century Aluminum

Ticker(s): CENX