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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 2024-05-31 View latest technical analysis

10 day averaged volume of Alcoa Corporation is 5684881

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	44.27	44.76	45.46	43.30	0.796 times
30 Thu May 2024	44.54	43.29	45.48	43.18	1.025 times
29 Wed May 2024	43.93	42.47	44.01	42.27	0.928 times
28 Tue May 2024	43.20	42.80	43.60	42.44	1.388 times
24 Fri May 2024	41.64	41.59	42.13	41.36	0.514 times
23 Thu May 2024	41.05	42.20	42.26	40.33	0.838 times
22 Wed May 2024	42.15	42.97	42.97	41.80	1.112 times
21 Tue May 2024	44.09	42.27	44.57	42.18	1.652 times
20 Mon May 2024	42.53	41.17	42.84	41.02	1.139 times
17 Fri May 2024	41.22	40.74	41.55	40.66	0.748 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.2, but if it comes below 43.2, then a intra day sell could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 40.58 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 46.4 as target.

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	37.58
Downside Target	38.20
Downside Target	40.33
Downside Target	41.55
Downside Target	42.27
Upside Target	44.57
Upside Target	45.48

Intraday share price targets for Alcoa Corporation (AA)

Target Type	Value
Downside Intraday Target	42.53
Downside Intraday Target	40.8
Upside Intraday Target	45.74
Upside Intraday Target	47.22
Downside Intraday Target	44.01

Weekly technical analysis of Alcoa Corporation (AA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	44.27	42.80	45.48	42.27	0.787 times
24 Fri May 2024	41.64	41.17	44.57	40.33	1.07 times
17 Fri May 2024	41.22	37.65	41.55	37.58	1.366 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

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
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
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 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 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 losing 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alcoa Corporation in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 43.04 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.