(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 2024-08-19 View latest technical analysis
10 day averaged volume of Alcoa Corporation is 7148043
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 34.00 | 32.51 | 34.14 | 32.31 | 0.997 times |
| 16 Fri Aug 2024 | 32.12 | 31.75 | 32.42 | 31.70 | 0.605 times |
| 15 Thu Aug 2024 | 32.09 | 31.74 | 32.36 | 31.67 | 0.714 times |
| 14 Wed Aug 2024 | 31.10 | 31.81 | 31.97 | 30.88 | 0.711 times |
| 13 Tue Aug 2024 | 31.60 | 31.07 | 31.72 | 30.98 | 0.687 times |
| 12 Mon Aug 2024 | 31.19 | 31.03 | 31.66 | 31.01 | 0.783 times |
| 09 Fri Aug 2024 | 30.56 | 31.26 | 31.26 | 30.39 | 0.983 times |
| 08 Thu Aug 2024 | 30.63 | 29.61 | 30.66 | 29.55 | 0.843 times |
| 07 Wed Aug 2024 | 29.21 | 30.00 | 30.51 | 28.93 | 1.348 times |
| 06 Tue Aug 2024 | 29.39 | 28.50 | 29.64 | 28.20 | 1.485 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.2, but if it comes below 33.2, then a intra day sell could be more profitable.
If you take a sell trade below 33.2, then use 33.2 as stoploss and 31.61 as target. However if you take a buy trade in stock , then use 33.2 as stoploss and 35.1 as target.
Share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Target | 27.12 |
| Downside Target | 29.27 |
| Downside Target | 30.88 |
| Downside Target | 32.31 |
| Downside Target | 33.51 |
| Upside Target | 34.14 |
| Upside Target | 34.82 |
| Upside Target | 36.79 |
| Upside Target | 38.20 |
| Upside Target | 43.10 |
| Upside Target | 44.96 |
| Upside Target | 45.48 |
Intraday share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Intraday Target | 32.83 |
| Downside Intraday Target | 31.65 |
| Upside Intraday Target | 34.66 |
| Upside Intraday Target | 35.31 |
| Downside Intraday Target | 33.48 |
Weekly technical analysis of Alcoa Corporation (AA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 34.00 | 32.51 | 34.14 | 32.31 | 0.285 times |
| 16 Fri Aug 2024 | 32.12 | 31.03 | 32.42 | 30.88 | 0.539 times |
| 09 Fri Aug 2024 | 30.56 | 27.98 | 31.26 | 27.12 | 1.032 times |
| 02 Fri Aug 2024 | 29.47 | 33.20 | 33.57 | 29.27 | 1.251 times |
| 26 Fri Jul 2024 | 33.43 | 34.70 | 34.82 | 32.50 | 1.145 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 |
| 19 Mon Aug 2024 | 34.00 | 32.95 | 34.14 | 27.12 | 0.793 times |
| 31 Wed Jul 2024 | 33.04 | 40.25 | 43.10 | 31.16 | 1.517 times |
| 28 Fri Jun 2024 | 39.78 | 44.66 | 44.96 | 36.79 | 0.712 times |
| 31 Fri May 2024 | 44.27 | 35.20 | 45.48 | 33.88 | 0.768 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alcoa Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Alcoa Corporation in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 30.95 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 negative.
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alcoa Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Alcoa Corporation in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 30.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.