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Home / Metal News / Alumina Falls Below 3-day Trading Range at $6.20 (AWC)

Alumina Falls Below 3-day Trading Range at $6.20 (AWC)

iconAug 24, 2010 00:00
Source:上海有色金属网

Aug 23, 2010 (Dow Jones Commodities News via Comtex) -- Alumina (NYSE:AWC) traded in a range yesterday that spanned from a low of $6.10 to a high of $6.23. Yesterday's low of the day pierced the 3-day low of $6.20 on volume of 159,000 shares.

Shares of Alumina have been range bound for the past 3-days between a high of $6.42 and a low of $6.20 and have traded with a 30-day average daily volume of 240,000 shares.

Look for shares of AWC to trade within a new lower trading range with resistance at $6.20 and move along with its peers in the Aluminum SmarTrend industry.

SmarTrend is bullish on shares of Alumina and our subscribers were alerted to Buy on June 21, 2010 at $5.83. The stock has risen 6.6% since the alert was issued.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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