ALCOA CORP (AA) Stock Technical Analysis
NYSE:AA - New York Stock Exchange, Inc. - US0138721065 - Common Stock - Currency: USD
Taking everything into account, AA scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AA was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than AA.
AA is one of the lesser performing stocks in the Metals & Mining industry. 83% of 154 stocks in the same industry do better.
AA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AA is lagging the market.
AA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AA has an average volume of 6738950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, AA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.83. Right above this resistance zone may be a good entry point.
More info and screens
23.27
31.03
We found 4 important support areas.
- A support zone ranging from 28.11 to 28.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.31 from a trend line in the daily time frame.
- Support @24.40 from a horizontal line in the daily time frame.
- Support @23.51 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.83 to 29.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.72 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.52
Mansfield-2.22
10 Day High29.86
10 Day Low24.4
20 Day High29.86
20 Day Low23.6
52 Week High47.77
52 Week Low21.53
Performance
1 Week-4.53%
2 Weeks15.86%
1 Month12.85%
3 Month-17.82%
6 Month-37.83%
12 Month-32.11%
2 Year-10.88%
3 Year-54.2%
5 Year206.95%
10 Year0.98%
15 Year8.45%
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)0.47
RSI(14)54.49
LBB23.59
UBB31.04
28.27
-0.52 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.81%
1 Week-4.53%
2 Weeks15.86%
1 Month12.85%
3 Month-17.82%
6 Month-37.83%
12 Month-32.11%
2 Year-10.88%
3 Year-54.2%
5 Year206.95%
10 Year0.98%
15 Year8.45%
Volatility
ATR(14)1.15
ATR(20)%3.95%
ATR Inc-6.49%
Range Today1.18
ADR(20)0.92
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.52
Mansfield-2.22
10 Day High29.86
10 Day Low24.4
20 Day High29.86
20 Day Low23.6
52 Week High47.77
52 Week Low21.53
CS1 End28.26
CR1 Start28.83
Volume & EV
DER(3)0.63%
DER(5)-0.07%
Volume6.27M
Volume Incr-12.43%
Vol(5)6.44M
Vol(50)6.74M