(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 2024-05-16 View latest technical analysis
10 day averaged volume of Alcoa Corporation is 5163532
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 40.15 | 40.00 | 40.80 | 39.80 | 0.723 times |
| 15 Wed May 2024 | 40.04 | 40.40 | 40.50 | 39.07 | 1.1 times |
| 14 Tue May 2024 | 39.83 | 40.38 | 40.84 | 39.51 | 1.046 times |
| 13 Mon May 2024 | 40.16 | 37.65 | 40.31 | 37.58 | 1.712 times |
| 10 Fri May 2024 | 37.12 | 37.63 | 37.78 | 36.86 | 0.879 times |
| 09 Thu May 2024 | 37.36 | 36.86 | 37.69 | 36.47 | 0.966 times |
| 08 Wed May 2024 | 36.64 | 36.70 | 36.96 | 36.30 | 0.786 times |
| 07 Tue May 2024 | 37.57 | 37.17 | 37.79 | 37.13 | 0.595 times |
| 06 Mon May 2024 | 37.32 | 37.33 | 37.94 | 37.01 | 0.73 times |
| 03 Fri May 2024 | 36.77 | 36.70 | 37.20 | 36.25 | 1.065 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.8, for a target of 38.8 or 37.14
Share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Target | 24.86 |
| Downside Target | 26.35 |
| Downside Target | 30.41 |
| Downside Target | 33.51 |
| Downside Target | 36.30 |
| Downside Target | 37.39 |
| Downside Target | 37.58 |
| Downside Target | 37.59 |
| Downside Target | 37.94 |
| Downside Target | 38.20 |
| Upside Target | 40.84 |
Intraday share price targets for Alcoa Corporation (AA)
| Target Type | Value |
| Downside Intraday Target | 38.21 |
| Downside Intraday Target | 36.26 |
| Upside Intraday Target | 41.47 |
| Upside Intraday Target | 42.78 |
| Downside Intraday Target | 39.52 |
Weekly technical analysis of Alcoa Corporation (AA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 40.15 | 37.65 | 40.84 | 37.58 | 1.158 times |
| 10 Fri May 2024 | 37.12 | 37.33 | 37.94 | 36.30 | 0.612 times |
| 03 Fri May 2024 | 36.77 | 36.88 | 38.20 | 33.88 | 1.069 times |
| 26 Fri Apr 2024 | 36.88 | 35.73 | 37.39 | 34.51 | 0.634 times |
| 19 Fri Apr 2024 | 35.53 | 37.00 | 37.59 | 33.84 | 1.852 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 |
| 16 Thu May 2024 | 40.15 | 35.20 | 40.84 | 33.88 | 0.403 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 |
| 29 Thu Feb 2024 | 27.21 | 30.08 | 30.41 | 24.86 | 0.832 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Alcoa Corporation in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 38.51 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Alcoa Corporation in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 38.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.