Alcoa had a nice pop today and is currently up 4.10% we'll see if the cash keeps flowing in. It looks like AA may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. The Metals & Mining company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If we get a reversal off of support and Alcoa starts moving up, it can probably get to $83.79 at which point it'll need to break through that resistance level in order to keep moving higher. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $35.43
at which point, it may have a chance of recovering from there.
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metals & Mining | 25 | 2.092 | 6.1708 | -0.1584 | -7.386 | -7.4556 | 57.588 | 50.32 | 36.5224 | 45.9764 | 50.9352 | -3075.2 | -14193.4 | 0 | 4 | 4.55881 | 0.5752 |
| Basic Materials | 119 | 1.50227 | 1.36706 | -0.095126 | -3.17437 | 0.828824 | 22.8324 | 56.5546 | 17.3285 | 19.0853 | 21.727 | -6037.2 | -11276.1 | 2.3109 | 8.4034 | 3.51954 | 0.342941 |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CENX | Century Aluminum Co | 1.36 | 1.18 | 6.41 | 1.87 | -26.45 | -5.07 | 0.00 | 50 | 0.35 | 1.57 | 14.40 | -3097.06 | -1079.06 | 0 | 0 | 16.6062 |
| KALU | Kaiser Aluminum Corporati | 0.98 | -0.03 | 2.44 | -6.03 | -6.07 | 23.40 | 0.00 | 45 | 14.57 | 56.55 | 114.62 | -2215.67 | -1043.44 | 0 | 0 | 3.22238 |
| SXC | SUNCOKE ENERGY INC | 0.88 | 1.05 | 2.96 | 6.75 | 32.22 | 7.81 | 0.00 | 67 | 18.16 | 8.95 | 14.75 | -644.98 | -7330.40 | 0 | 0 | 3.1782 |
| SCCO | Southern Copper Corporati | 0.88 | 3.97 | 11.28 | 13.76 | 10.84 | 8.18 | 0.00 | 66 | 10.42 | 7.15 | 37.25 | -314.66 | -22364.27 | 0 | 0 | 4.82021 |
| FCX | Freeport-McMoran Inc. | 0.87 | 3.90 | 11.00 | 5.11 | 7.31 | 7.30 | 0.00 | 61 | 11.40 | 7.56 | 26.91 | -1342.10 | -15092.47 | 0 | 0 | 1.66988 |
| TECK | Teck Resources Limited | 0.86 | 0.67 | 2.55 | -0.85 | -5.00 | 7.94 | 0.00 | 41 | 5.31 | 7.81 | 52.55 | -3541.99 | -515.67 | 0 | 0 | 2.89187 |
| KMI | Kinder Morgan, Inc. | 0.67 | 0.34 | -0.15 | -0.31 | 4.98 | 13.68 | 0.00 | 54 | 7.21 | 15.03 | 15.56 | -1843.72 | -1983.22 | 0 | 0 | 2.40694 |
| BKR | Baker Hughes Company | 0.64 | 0.39 | 0.11 | 0.39 | -17.23 | 5.62 | 0.00 | 43 | -2.22 | -0.94 | 8.48 | -5221.08 | -17333.52 | 0 | 0 | 1.89763 |