Kaiser Aluminum looks to continue to trade above its annual-high share price

Kaiser Aluminum is currently priced 1.1% above its average consensus analyst price target of $79.33. The stock should discover initial support at its 50-day moving average (MA) of $74.08 and subsequent support at its 200-day MA of $70.58.
Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products. The Company also supplies alumina and primary aluminum in domestic and international markets.
In the past 52 weeks, shares of Kaiser Aluminum have traded between a low of $40.12 and a high of $80.43 and are now at $80.20, which is 100% above that low price. The 200-day and 50-day moving averages have moved 0.44% higher and 1.38% higher over the past week, respectively.
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