27 AUGUST 2012Tradingcharts.com
Noranda Aluminum Has Returned 41.0% Since SmarTrend Recommendation in March
Edited by : AL CIRCLE
1 min read
SmarTrend identified a Downtrend for Noranda Aluminum (NYSE:NOR) on March 8th, 2012 at $10.98. In approximately 6 months, Noranda Aluminum has returned 40.98% as of today's recent price of $6.48.
Over the past year, Noranda Aluminum has traded in a range of $5.90 to $13.18 and is now at $6.48, 10% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.1%.
Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum coils. The Company produces aluminum products in the form of billets, rods and sows, used mainly for building construction, architectural and transportation applications. Noranda also produces foil and light gauge sheet products from its rolling mills.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Noranda Aluminum.
Log in and add Noranda Aluminum (NOR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Over the past year, Noranda Aluminum has traded in a range of $5.90 to $13.18 and is now at $6.48, 10% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.1%.
Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum coils. The Company produces aluminum products in the form of billets, rods and sows, used mainly for building construction, architectural and transportation applications. Noranda also produces foil and light gauge sheet products from its rolling mills.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Noranda Aluminum.
Log in and add Noranda Aluminum (NOR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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