ALCOA CORP (AA)

US0138721065 - Common Stock

42.14  +0.62 (+1.49%)

Technical Rating and Analysis

10

Taking everything into account, AA scores 10 out of 10 in our technical rating. In the last year, AA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AA did better than 91% of all other stocks. We also observe that the gains produced by AA over the past year are nicely spread over this period.
AA is part of the Metals & Mining industry. There are 157 other stocks in this industry. AA outperforms 79% of them.
AA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AA is lagging the market slightly.
In the last month AA has a been trading in the 35.42 - 42.95 range, which is quite wide. It is currently trading near the high of this range.
AA has an average volume of 5407830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AA Weekly chart
AA Daily chart
Setup Rating and Analysis

5

AA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

28.16

45.00

4 important support areas can be observed.

  • A support zone ranging from 41.51 to 41.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 37.42 to 37.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.31 from a trend line in the weekly time frame.
  • A support zone ranging from 28.44 to 28.77. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @42.44 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 44.28 to 44.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.45
Mansfield0.99
10 Day High42.95
10 Day Low36.88
20 Day High42.95
20 Day Low35.42
52 Week High45.48
52 Week Low23.8
Performance
1 Week-0.67%
2 Weeks5.19%
1 Month21.3%
3 Month24.2%
6 Month12.58%
12 Month76.61%
2 Year6.38%
3 Year-9.64%
5 Year99.71%
10 Year10.62%
15 Year49.27%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)62.64
LBB37.21
UBB42.95
AA Daily chart

ALCOA CORP

NYSE:AA (10/22/2024, 1:28:01 PM)

42.14

+0.62 (+1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.49%
1 Week-0.67%
2 Weeks5.19%
1 Month21.3%
3 Month24.2%
6 Month12.58%
12 Month76.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.54
ATR(20)%3.99%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.95
10 Day Low36.88
20 Day High42.95
20 Day Low35.42
52 Week High45.48
52 Week Low23.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.19M
Volume Incr13.1%
Vol(5)6.23M
Vol(50)5.41M