10 XP 0   0   5  
0coffee
Main menu

📉 The Great Reset 📈

Data gone? Yes, I pulled the plug. I shut down my paid data feeds and deleted the entire dataset to become fully independent.

No worries! Penke(Bot) will find new copyright-free data.

Curious how? Read it here… 🥸 Penke

$AAI (Alcoa Corporation) Price Analysis
Buy, Hold or Sell?

Let's analyze Alcoa Corporation together

Penke

I guess you are interested in Alcoa Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Alcoa Corporation’s Price Targets

I'm going to help you getting a better view of Alcoa Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Alcoa Corporation

I send you an email if I find something interesting about Alcoa Corporation.


Technical Analysis of Alcoa Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Alcoa Corporation. The general trend of Alcoa Corporation is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Alcoa Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Alcoa Corporation Price Targets

1.1 sr

Score

Let's take a look at the sr of Alcoa Corporation.

  • The price is trading between support and resistance lines.
Alcoa Corporation Daily sr Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Alcoa Corporation.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is leading the INTER, indicating positive trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is leading the INTER, indicating positive trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows a strengthening upward trend.
  • Price action is supported by the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Alcoa Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Alcoa Corporation.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Alcoa Corporation.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Alcoa Corporation Daily Moving Average Convergence/Divergence (MACD) ChartAlcoa Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Alcoa Corporation.

  • Directional bias favors buyers. Buying pressure currently dominates selling pressure, reflecting constructive sentiment and growing confidence among market participants.
  • Directional bias is mildly bullish, but overall trend conditions remain weak and lack clear conviction.
Alcoa Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Alcoa Corporation.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Alcoa Corporation Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Alcoa Corporation. The current phase is Continuation in bull market.

  • Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Momentum is improving as buying interest gradually strengthens.
Alcoa Corporation Daily Relative Strength Index (RSI) ChartAlcoa Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Alcoa Corporation. The current phase is Correction in bull market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Alcoa Corporation.
  • Momentum is improving as buying interest strengthens and short-term sentiment turns more positive.
Alcoa Corporation Daily Stochastic Oscillator ChartAlcoa Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Alcoa Corporation.

Alcoa Corporation Daily Commodity Channel Index (CCI) ChartAlcoa Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Alcoa Corporation.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Alcoa Corporation Daily Chande Momentum Oscillator (CMO) ChartAlcoa Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Alcoa Corporation.

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
Alcoa Corporation Daily Williams %R ChartAlcoa Corporation Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Alcoa Corporation.

Alcoa Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Alcoa Corporation.

Alcoa Corporation Daily Average True Range (ATR) ChartAlcoa Corporation Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Alcoa Corporation.

Alcoa Corporation Daily On-Balance Volume (OBV) ChartAlcoa Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Alcoa Corporation.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
Alcoa Corporation Daily Money Flow Index (MFI) ChartAlcoa Corporation Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Alcoa Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Alcoa Corporation Daily Candlestick Chart
DateCandlestick Pattern
Penke

Good job! You gained 10 XP and 0   0   5 . What's next:

  • Share my analysis of Alcoa Corporation with someone you think should read this too:
  • Are you bullish or bearish on Alcoa Corporation? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Alcoa Corporation? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is my analysis useful to you? coffee Support Penke with Coffee coffee so I can develop more tools and provide more market analysis for you. Thanks in advance!

Get notifications about Alcoa Corporation

I send you an email if I find something interesting about Alcoa Corporation.

Comments

How you think about this?

Leave a comment
3rd party ad coffee SUPPORTERis ad-free.