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Century Aluminum Crosses Above its 10-day MA (CENX)

By James Quinn

Century Aluminum (NASDAQ:CENX) shares have crossed bullishly above their 10-day moving average of $11.89 on a volume of 2.0 million shares. Swing traders may find 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 $11.04 and a high of $24.77 and are now at $12.90, 17% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Century Aluminum on June 28th, 2018 by issuing a Downtrend alert when the shares were trading at $15.46. Since that call, shares of Century Aluminum have fallen 23.8%. 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