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Century Aluminum Bullish Moving Average Crossover Alert (CENX)

By Nick Russo

Century Aluminum (NASDAQ:CENX) crossed over its 10-day moving average of $16.06 on a volume of 465K 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.

In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $5.53 and a high of $17.28 and are now at $16.29, 195% above that low price. The 200-day and 50-day moving averages have moved 0.53% lower and 1.58% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Century Aluminum on April 26th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $14.24. Since that recommendation, shares of Century Aluminum have risen 9.8%. 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