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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 2024-07-29 View latest technical analysis

10 day averaged volume of Alcoa Corporation is 6740052

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	33.02	33.20	33.46	32.82	0.632 times
26 Fri Jul 2024	33.43	33.75	34.18	32.92	0.86 times
25 Thu Jul 2024	32.91	32.72	33.54	32.50	0.877 times
24 Wed Jul 2024	32.84	33.78	34.18	32.67	0.943 times
23 Tue Jul 2024	33.90	33.95	34.28	33.57	1.768 times
22 Mon Jul 2024	34.53	34.70	34.82	34.22	0.889 times
19 Fri Jul 2024	34.92	35.26	35.26	34.55	0.786 times
18 Thu Jul 2024	35.65	36.70	38.22	35.39	1.319 times
17 Wed Jul 2024	36.81	38.24	38.68	36.81	1.093 times
16 Tue Jul 2024	38.66	38.17	38.69	37.46	0.921 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.2, but if it comes above 34.2, then a intra day buy could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 30.2 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 37.63 as target.

Share price targets for Alcoa Corporation (AA)

Target Type	Value
Downside Target	26.57
Downside Target	32.50
Upside Target	36.79
Upside Target	38.20
Upside Target	38.23
Upside Target	40.06
Upside Target	41.58
Upside Target	42.55
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	32.74
Downside Intraday Target	32.46
Upside Intraday Target	33.38
Upside Intraday Target	33.74
Upside Intraday Target	33.1

Weekly technical analysis of Alcoa Corporation (AA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	33.02	33.20	33.46	32.82	0.118 times
26 Fri Jul 2024	33.43	34.70	34.82	32.50	1.145 times
19 Fri Jul 2024	34.92	39.00	40.06	34.55	1.214 times
12 Fri Jul 2024	38.95	42.54	42.55	38.23	3.837 times
05 Fri Jul 2024	42.44	41.59	43.10	41.58	0.595 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
29 Mon Jul 2024	33.02	40.25	43.10	32.50	1.339 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
30 Tue Apr 2024	35.14	34.10	38.20	33.51	1.262 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Alcoa Corporation in short term and the sell signal is strong.

Alcoa Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alcoa Corporation in short term and SELL 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 34.73 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.