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(AA) Alcoa Corporation complete technical analysis [charts+indicators] | Buy/Sell Alcoa Corporation | (AA) share price targets

Complete technical analysis of Alcoa Corporation (AA) by charts plus indicators, forecast predictions and share price targets for Alcoa Corporation (AA)

Alcoa Corporation trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-05-22 View latest technical analysis

10 day averaged volume of Alcoa Corporation is 5736153

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	42.15	42.97	42.97	41.80	1.102 times
21 Tue May 2024	44.09	42.27	44.57	42.18	1.637 times
20 Mon May 2024	42.53	41.17	42.84	41.02	1.129 times
17 Fri May 2024	41.22	40.74	41.55	40.66	0.742 times
16 Thu May 2024	40.15	40.00	40.80	39.80	0.65 times
15 Wed May 2024	40.04	40.40	40.50	39.07	0.991 times
14 Tue May 2024	39.83	40.38	40.84	39.51	0.941 times
13 Mon May 2024	40.16	37.65	40.31	37.58	1.541 times
10 Fri May 2024	37.12	37.63	37.78	36.86	0.792 times
09 Thu May 2024	37.36	36.86	37.69	36.47	0.87 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41, but if it comes below 41, then a intra day sell could be more profitable.
If you take a sell trade below 41, then use 41 as stoploss and 38.44 as target. However if you take a buy trade in stock , then use 41 as stoploss and 44.2 as target.

Share price targets for Alcoa Corporation (AA)

Target Type	Value
Downside Target	24.86
Downside Target	26.35
Downside Target	30.41
Downside Target	33.51
Downside Target	36.30
Downside Target	37.39
Downside Target	37.94
Downside Target	38.20
Downside Target	41.02
Downside Target	41.55
Upside Target	44.57

Intraday share price targets for Alcoa Corporation (AA)

Target Type	Value
Downside Intraday Target	40.59
Downside Intraday Target	39.03
Upside Intraday Target	44.14
Upside Intraday Target	46.13
Upside Intraday Target	42.58

Weekly technical analysis of Alcoa Corporation (AA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	42.15	41.17	44.57	41.02	0.795 times
17 Fri May 2024	41.22	37.65	41.55	37.58	1.366 times
10 Fri May 2024	37.12	37.33	37.94	36.30	0.612 times
03 Fri May 2024	36.77	36.88	38.20	33.88	1.069 times
26 Fri Apr 2024	36.88	35.73	37.39	34.51	0.634 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alcoa Corporation (AA)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	42.15	35.20	44.57	33.88	0.571 times
30 Tue Apr 2024	35.14	34.10	38.20	33.51	1.262 times
28 Thu Mar 2024	33.79	27.50	33.97	26.57	1.077 times
29 Thu Feb 2024	27.21	30.08	30.41	24.86	0.832 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alcoa Corporation (AA)

Price action analysis of Alcoa Corporation ( (AA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alcoa Corporation ( (AA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alcoa Corporation ( (AA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Alcoa Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alcoa Corporation in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alcoa Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alcoa Corporation in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alcoa Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.82 and Alcoa Corporation (AA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alcoa Corporation (AA) stock. Volume based technical analysis of Alcoa Corporation (AA) stock is negative.

Alcoa Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.