NewsDownstreamNoranda Aluminum Shares Down 45.3%
08 OCTOBER 2012Tradingcharts.com

Noranda Aluminum Shares Down 45.3%

Edited by : AL CIRCLE
1 min read
Noranda Aluminum Shares Down 45.3%
SmarTrend identified a Downtrend for Noranda Aluminum (NYSE:NOR) on March 8th, 2012 at $10.98. In approximately 6 months, Noranda Aluminum has returned 45.26% as of today's recent price of $6.01.

In the past 52 weeks, Noranda Aluminum share prices have been bracketed by a low of $5.73 and a high of $13.18 and are now at $6.01, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.3%.

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.

Tagged with:PriceAluminium

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