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

By Nick Russo

Century Aluminum (NASDAQ:CENX) shares have crossed bearishly below their 10-day moving average of $14.24 on a volume of 669K shares. This may provide short-term investors a chance 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 $12.63 and a high of $31.75 and are now at $13.87, which is 10% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 4.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Century Aluminum on February 25th, 2015 by issuing a Downtrend alert when the shares were trading at $20.57. Since that call, shares of Century Aluminum have fallen 29.3%. 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