$AA Alcoa Corporation Stock Robo Analyst June 29 2020 #AA

Alcoa Corporation Stock Chart

Alcoa Corporation (AA) “On a long-term technical basis, the stock (AA) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 11.08, so look for new support at 7.88.

The stock has support at 9.30 and 8.38. If the stock breaks down through support at 9.30 then it will probably continue lower to 8.38. The stock has resistance at 11.08 and at 13.86. If the stock breaks up through resistance at 11.08 then it will probably continue higher to 13.86. The 200-day moving average is at 14.99. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (49.40).”

Alcoa Corporation Stock Chart

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