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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 2024-05-30 View latest technical analysis

10 day averaged volume of Alcoa Corporation is 5670603

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	44.54	43.29	45.48	43.18	1.027 times
29 Wed May 2024	43.93	42.47	44.01	42.27	0.93 times
28 Tue May 2024	43.20	42.80	43.60	42.44	1.391 times
24 Fri May 2024	41.64	41.59	42.13	41.36	0.515 times
23 Thu May 2024	41.05	42.20	42.26	40.33	0.84 times
22 Wed May 2024	42.15	42.97	42.97	41.80	1.115 times
21 Tue May 2024	44.09	42.27	44.57	42.18	1.656 times
20 Mon May 2024	42.53	41.17	42.84	41.02	1.142 times
17 Fri May 2024	41.22	40.74	41.55	40.66	0.75 times
16 Thu May 2024	40.15	40.00	40.80	39.80	0.658 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 40.16 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 46.1 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	42.27
Upside Target	44.57
Upside Target	45.48

Intraday share price targets for Alcoa Corporation (AA)

Target Type	Value
Downside Intraday Target	42.71
Downside Intraday Target	40.89
Upside Intraday Target	45.92
Upside Intraday Target	47.31
Downside Intraday Target	44.1

Weekly technical analysis of Alcoa Corporation (AA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	44.54	42.80	45.48	42.27	0.636 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
30 Thu May 2024	44.54	35.20	45.48	33.88	0.739 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing 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 42.75 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.