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Century Aluminum Bullish Moving Average Crossover Alert (CENX)

By James Quinn

Century Aluminum (NASDAQ:CENX) crossed over its 10-day moving average of $12.62 on a volume of 111K 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, shares of Century Aluminum have traded between a low of $6.26 and a high of $13.12 and are now at $12.73, which is 103% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Century Aluminum on September 11th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.75. Since that recommendation, shares of Century Aluminum have risen 42.1%. We continue to monitor CENX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Century Aluminum

Ticker(s): CENX