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

By David Diaz

Century Aluminum (NASDAQ:CENX) shares have crossed bearishly below their 10-day moving average of $16.63 on a volume of 398K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $12.94 and a high of $24.77 and are now at $16.21, 25% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1%.

SmarTrend is tracking the current trend status for Century Aluminum and will alert subscribers who have CENX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Century Aluminum

Ticker(s): CENX