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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 2024-06-12 View latest technical analysis

10 day averaged volume of Alcoa Corporation is 4297910

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	39.71	41.64	42.25	39.69	0.768 times
11 Tue Jun 2024	40.21	40.25	40.46	39.56	0.819 times
10 Mon Jun 2024	41.16	41.00	41.59	40.64	0.687 times
07 Fri Jun 2024	40.91	41.60	41.87	40.42	0.927 times
06 Thu Jun 2024	42.65	42.51	43.01	42.29	0.734 times
05 Wed Jun 2024	42.59	41.85	42.74	41.78	0.781 times
04 Tue Jun 2024	42.01	43.01	43.28	41.28	1.512 times
03 Mon Jun 2024	44.01	44.66	44.96	43.75	0.904 times
31 Fri May 2024	44.27	44.76	45.46	43.30	1.053 times
30 Thu May 2024	44.54	43.29	45.48	43.18	1.355 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.6, but if it comes above 40.6, then a intra day buy could be more profitable.
If you take a sell trade below 40.6, then use 40.6 as stoploss and 38.8 as target. However if you take a buy trade in stock , then use 40.6 as stoploss and 42.1 as target.

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	39.56
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	38.76
Downside Intraday Target	37.82
Upside Intraday Target	41.45
Upside Intraday Target	43.2
Upside Intraday Target	40.51

Weekly technical analysis of Alcoa Corporation (AA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	39.71	41.00	42.25	39.56	0.468 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 down 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
12 Wed Jun 2024	39.71	44.66	44.96	39.56	0.252 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 neutral. A longer time frame might give a better analysis.

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 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 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 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 coming down

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 but selling 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 42.4 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.