Alcoa Corp Price Trends and Technical Patterns

AA
 Stock
  

USD 33.66  1.77  5.00%   

This module allows you to plot Alcoa Corp against other equities to check for different price appreciation patterns. Alcoa Corp can be compared to up to 10 different equities over a specified time horizon. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Alcoa Corp. To filter out specific equities, please toggle its corresponding legend item. Please continue to Trending Equities.
  
As an investor, you can analyze the fundamental pricing momentum and return patterns of Alcoa Corp using the variety of Macroaxis charts. Price and return charts with technical indicators help investors not only visualize the movement but also find long-term investing opportunities.
Specify up to 10 symbols:

Alcoa Corp Stock Momentum Indicator Charts

Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Alcoa chart patterns provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular stock such as Alcoa Corp can be considered to be 'the market' for Alcoa Corp stock. The emotional state of those investors is what determines the price for Alcoa Corp. If more investors feel that Alcoa Corp Stock will rise, it most likely will increase; and if more investors feel that the Alcoa price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that stock, and thus, technical analysis is, at its core, a study of crowd behavior. Macroaxis various charting interfaces help investors to find opportunities and time the market. Alcoa Corp price plot provides a helpful view on the trending direction of the price but hides some likely useful information from an investor. The Alcoa Corp's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.
Please note that Alcoa Corp's momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of Alcoa Corp chart itself and comparing it to the benchmark or its competition. If Alcoa Corp's price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

Alcoa Corp Stock Peer indicators

Technical peer comparison is one of the most widely used and accepted methods of stock analyses among chartists. It analyses Alcoa Corp's direct or indirect competition against its essential technical indicators to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alcoa Corp could also be used in its relative valuation, which is a method of valuing Alcoa Corp by comparing different technical metrics with those of similar companies.

Alcoa Corp Predictive Pattern Charts

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Alcoa Corp price series.
.

Alcoa Corp Important Indicators

While there is no single technical or fundamental indicator that will always help you time the market, it is essential to watch out for some raw signals communicated by Alcoa Corp price movement. Investors usually use a small combination of different predictive indicators, such as period averages, to develop specific strategies before taking a position in Alcoa Corp.

Alcoa Corp Trend Drivers

Alcoa Corp Basic Value Drivers

Average Daily Volume Last 10 Day9.03M
Average Daily Volume In Three Month6.13M
Fifty Day Average48.16
Enterprise Value To Ebitda3.09
Two Hundred Day Average61.19
Please continue to Trending Equities. Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Alcoa Stock analysis

When running Alcoa Corp price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Alcoa Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.