Home / Metal News / Watch for Kaiser Aluminum to Pullback after Gaining 2.56% Yesterday (KALU)

Watch for Kaiser Aluminum to Pullback after Gaining 2.56% Yesterday (KALU)

iconSep 9, 2010 00:00

Sep 08, 2010 (SmarTrend(R) News Watch via COMTEX) -- Kaiser Aluminum (NASDAQ:KALU) traded in a range yesterday that spanned from a low of $39.43 to a high of $41.32. Yesterday, the shares gained 2.56%, which took the trading range above the 3-day high of $39.91 on volume of 571,000 shares.

Shares of Kaiser Aluminum are currently trading above their 50-day moving average (MA) of $38.18 and above their 200-day MA of $38.21. Look for these MAs to provide support for a short-term pullback in the shares.
 

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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn