NewsPrimary ALNoranda Aluminum Up 21.8% Since SmarTrend Uptrend Call (NOR)
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Noranda Aluminum Up 21.8% Since SmarTrend Uptrend Call (NOR)

Edited by : AL CIRCLE
1 min read
SmarTrend identified an Uptrend for Noranda Aluminum (NYSE:NOR) on December 13th, 2011 at $8.83. In approximately 2 months, Noranda Aluminum has returned 21.81% as of today's recent price of $10.75.

In the past 52 weeks, Noranda Aluminum share prices have been bracketed by a low of $6.67 and a high of $17.82 and are now at $10.75, 61% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 3.6%.

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 shifts in the trajectory of Noranda Aluminum shares.

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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