27 FEBRUARY 2014FNN Online
Century Aluminum crosses above its 10-day MA
Edited by : AL CIRCLE
1 min read
Century Aluminum shares have crossed bullishly above their 10-day moving average of $11.49 on a volume of 254K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Century Aluminum is currently priced 21.8% above its average consensus analyst price target of $9.17. The stock should discover initial support at its 50-day moving average (MA) of $10.74 and subsequent support at its 200-day MA of $9.42.
In the past 52 weeks, shares of Century Aluminum have traded between a low of $6.26 and a high of $12.58 and are now at $11.72, which is 87% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.4%.
Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky.
Century Aluminum is currently priced 21.8% above its average consensus analyst price target of $9.17. The stock should discover initial support at its 50-day moving average (MA) of $10.74 and subsequent support at its 200-day MA of $9.42.
In the past 52 weeks, shares of Century Aluminum have traded between a low of $6.26 and a high of $12.58 and are now at $11.72, which is 87% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.4%.
Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky.
Previous article
China aluminium users to cut Q2 spot imports on record premiums
Next articleLME aluminium to fall to $1,743
Grow with
AL Circle
