Buyers Accumulate Shares of Century Aluminum, Up 8.4%
Century Aluminum has overhead space with shares priced $10.35, or 29.4% below the average consensus analyst price target of $14.67. The stock should find initial resistance at its 50-day moving average (MA) of $11.45 and further resistance at its 200-day MA of $15.13.
In the past 52 weeks, shares of Century Aluminum have traded between a low of $8.72 and a high of $20.76 and are now at $10.15, which is 16% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 2.5%.
SMM Brief Review - 2011/9/28 SHFE Aluminum Futures
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