(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 2024-06-10 View latest technical analysis
10 day averaged volume of Alcoa Corporation is 4731830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 41.16 | 41.00 | 41.59 | 40.64 | 0.624 times |
| 07 Fri Jun 2024 | 40.91 | 41.60 | 41.87 | 40.42 | 0.842 times |
| 06 Thu Jun 2024 | 42.65 | 42.51 | 43.01 | 42.29 | 0.667 times |
| 05 Wed Jun 2024 | 42.59 | 41.85 | 42.74 | 41.78 | 0.709 times |
| 04 Tue Jun 2024 | 42.01 | 43.01 | 43.28 | 41.28 | 1.374 times |
| 03 Mon Jun 2024 | 44.01 | 44.66 | 44.96 | 43.75 | 0.821 times |
| 31 Fri May 2024 | 44.27 | 44.76 | 45.46 | 43.30 | 0.957 times |
| 30 Thu May 2024 | 44.54 | 43.29 | 45.48 | 43.18 | 1.231 times |
| 29 Wed May 2024 | 43.93 | 42.47 | 44.01 | 42.27 | 1.115 times |
| 28 Tue May 2024 | 43.20 | 42.80 | 43.60 | 42.44 | 1.667 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.6 as stoploss in an intra day buy trade for a target of 42.11. However, stock will show a bearish move below 40.6.
Share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Target | 24.86 |
| Downside Target | 26.57 |
| Downside Target | 30.41 |
| Downside Target | 33.51 |
| Downside Target | 37.58 |
| Downside Target | 40.33 |
| Upside Target | 41.55 |
| Upside Target | 42.27 |
| Upside Target | 44.57 |
| Upside Target | 44.96 |
| Upside Target | 45.48 |
Intraday share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Intraday Target | 40.67 |
| Downside Intraday Target | 40.18 |
| Upside Intraday Target | 41.62 |
| Upside Intraday Target | 42.08 |
| Downside Intraday Target | 41.13 |
Weekly technical analysis of Alcoa Corporation (AA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 41.16 | 41.00 | 41.59 | 40.64 | 0.141 times |
| 07 Fri Jun 2024 | 40.91 | 44.66 | 44.96 | 40.42 | 0.888 times |
| 31 Fri May 2024 | 44.27 | 42.80 | 45.48 | 42.27 | 0.787 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 |
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 |
| 10 Mon Jun 2024 | 41.16 | 44.66 | 44.96 | 40.42 | 0.196 times |
| 31 Fri May 2024 | 44.27 | 35.20 | 45.48 | 33.88 | 0.768 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 |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alcoa Corporation ( (AA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alcoa Corporation ( (AA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alcoa Corporation in short term but the sell signal is initial and weak.
Alcoa Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alcoa Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 43.05 and Alcoa Corporation (AA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alcoa Corporation ( (AA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alcoa Corporation ( (AA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alcoa Corporation in short term but the sell signal is initial and weak.
Alcoa Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alcoa Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 43.05 and Alcoa Corporation (AA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.