The Greedy Trader Weekly Analysis
Sign In May 18, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Alcoa Inc
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Price is near the Fibonacci 23.6% retracement level
Move cursor over the icon to see details.

It was the negative week for the Alcoa Inc (AA). During the week, the AA gave back -0.43 points, or -0.79%, and closed at 53.96 on Friday, May 11, 2018. Weekly volume was -11% below average.

AA is a member of Basic Materials Sector. Basic Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AA long-term trend chart]
A long-term downtrend had started on January 12, 2018 at 57.50 and reached 43.69 on March 28, 2018. AA lost 13.81 points, or 24.02%, in 10 weeks. The price is now at the 74.37% retracement level.

Medium-term trend: [See AA medium-term trend chart]
A medium-term downtrend had started on April 19, 2018 at 62.35 and reached 49.90 on April 24, 2018. AA lost 12.45 points, or 19.97%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (53.36) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See AA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 13, 2018. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See AA short-term trend chart]
A short-term uptrend had started on April 24, 2018 at 49.90 and reached 55.38 on May 7, 2018. AA gained -5.48 points, or -10.98%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See AA daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since April 24, 2018. The distance between MACD and the signal line is low and getting smaller.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.49
Williams' Percentage Range (W%R) 68.80
Lane's Stochastic (%D-Slow) 72.19
Greed/Fear Indicator (GFI) 54.64
Moving Average Converg./Diverg. (MACD) 0.99
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.27
Williams' Percentage Range (W%R) 43.70
Lane's Stochastic (%D-Slow) 65.78
Greed/Fear Indicator (GFI) 58.96
Moving Average Converg./Diverg. (MACD) 2.10
Trading Signals
Description Value Chart
Upper Bollinger Band 58.64
Parabolic System 55.62
Weekly Stochastic Crossing 54.81
Daily Stochastic Crossing 54.40
20 Day Moving Average 54.22
Price 53.96
Monthly Trendline Support 53.36
Monthly Trendline Resistance 53.06
50 Day Moving Average 50.29
Lower Bollinger Band 47.56
Sector and Industry
Description Name Rank
Sector Basic Materials 10
Industry Aluminum 127
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 53.09
Low Date 05/10/2018
High 54.25
High Date 05/11/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.90
Low Date 04/24/2018
High 55.38
High Date 05/07/2018
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 53.06
Support 53.36
High 62.35
High Date 04/19/2018
Low 49.90
Low Date 04/24/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 43.69
Low Date 03/28/2018
High 62.35
High Date 04/19/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 57.50
High Date 01/12/2018
Low 43.69
Low Date 03/28/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.