(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 2024-05-28 View latest technical analysis
10 day averaged volume of Alcoa Corporation is 5778293
Date | Daily Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 43.20 | 42.80 | 43.60 | 42.44 | 1.365 times |
24 Fri May 2024 | 41.64 | 41.59 | 42.13 | 41.36 | 0.506 times |
23 Thu May 2024 | 41.05 | 42.20 | 42.26 | 40.33 | 0.824 times |
22 Wed May 2024 | 42.15 | 42.97 | 42.97 | 41.80 | 1.094 times |
21 Tue May 2024 | 44.09 | 42.27 | 44.57 | 42.18 | 1.625 times |
20 Mon May 2024 | 42.53 | 41.17 | 42.84 | 41.02 | 1.12 times |
17 Fri May 2024 | 41.22 | 40.74 | 41.55 | 40.66 | 0.736 times |
16 Thu May 2024 | 40.15 | 40.00 | 40.80 | 39.80 | 0.646 times |
15 Wed May 2024 | 40.04 | 40.40 | 40.50 | 39.07 | 0.983 times |
14 Tue May 2024 | 39.83 | 40.38 | 40.84 | 39.51 | 0.934 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42, but if it comes below 42, then a intra day sell could be more profitable.
If you take a sell trade below 42, then use 42 as stoploss and 39.21 as target. However if you take a buy trade in stock , then use 42 as stoploss and 45.3 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 | 37.58 |
Downside Target | 38.20 |
Downside Target | 40.33 |
Downside Target | 41.55 |
Downside Target | 42.44 |
Upside Target | 43.60 |
Upside Target | 44.57 |
Intraday share price targets for Alcoa Corporation (AA)
Target Type | Value |
Downside Intraday Target | 42.56 |
Downside Intraday Target | 41.92 |
Upside Intraday Target | 43.72 |
Upside Intraday Target | 44.24 |
Downside Intraday Target | 43.08 |
Weekly technical analysis of Alcoa Corporation (AA)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 43.20 | 42.80 | 43.60 | 42.44 | 0.264 times |
24 Fri May 2024 | 41.64 | 41.17 | 44.57 | 40.33 | 1.07 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 |
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 |
28 Tue May 2024 | 43.20 | 35.20 | 44.57 | 33.88 | 0.669 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alcoa Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Alcoa Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.91 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.
Price action analysis of Alcoa Corporation ( (AA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alcoa Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Alcoa Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.91 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.