Alcoa Story

Alcoa Corporation -- USA Stock  

USD 44.92  0.41  0.90%

Macroaxis News
By Nathan Young

Alcoa Corporation is a mining and production company of aluminum, as well as bauxite and alumina. Besides that mining, it owns seven bauxite mines and provides smelter grade alumina to manufacturers to several countries and regions. This company and along with others provide us with items as simple as aluminum foil, all the way to industrial grade items. This company certainly is at the mercy of raw material prices as this can influence profit potential. Also, demand is another driving factor. Enough about the company’s general information, let us take a look at the health of the company to see if it is a solid fit for your portfolio.

Steel Works Etc
Fama & French Classification
Alcoa Is an Aluminum Providing Company That May Be a Fit for Your Portfolio

We’re going to take a look at this company use only technical analysis, as the chart can provide a variety of information. However, I do not recommend using strictly technical or fundamental analysis, but rather a mixture of both.

The chart has show that is broke a resistance area between $25 and $26, which had been tested multiple times. Price did eventually end up breaking the resistance area, but did so on falling volume. After the breakout, price went sideways, creating a support level that has been tested twice, around the $28.50 area. It currently is in a range and this might be a great time to pay close attention because a break in either direction could signal a profit potential. So in the current situation, I would recommend waiting for price to break out of the current channel, which then could provide a larger movement in one direction.


Being in an industry that is dependent upon raw materials such as aluminum can make for a very volatile business. Here are a few risks to keep in mind before investing in this company. First, the company is subject to raw material price fluctuation, which could adversely affect the company’s numbers. Similar to the oil industry, if price begins to fall, it cause profits to drop and any company who is not prepared will certainly fail. Secondly, demand for the products can certainly have an adverse affect on the company. Without factories and producers needing the raw materials, there is no demand, which means no incoming cash flow. Lastly, the overall market conditions, if detraining, can negatively affect the company. Companies may begin slowing production, reducing demand for aluminum materials.


Many people say only invest in what you understand. This industry is complex and there are many moving parts. I highly recommend you take the time to understand what entails investing in a company such as this. If you don’t have the time, speak with an investing professional as they can lead you in the right direction.

Story Momentum

This story impact on price volatility cannot be determined at this time. Please check this story after some time to allow current data to be analyzed.

Similar stores for Alcoa

few days ago at 
Better Buy Alcoa Inc. vs. Wheaton Precious Metals
fool News
It hard to compare an aluminum producer like Alcoa Inc. to a precious metals company like Wheaton Precious Metals as the commodities they sell are inherently different.
over a month ago at 
Aluminum Corporation of China Limited - Receive News and Ratings Daily
Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Aluminum Corporation of China Limited and related companies with FREE daily ratings newsletter. The Contrasting Arconic and Aluminum Corporation of China Limited - BangaloreWeekly
over three months ago at 
Alcoa Corp Receives News Impact Rating of 0.19
Alcoa Corp logo Media stories about Alcoa Corp have trended somewhat positive on Monday, according to AlphaOne Sentiment Analysis. The Alcoa Corp Buy Rating Reaffirmed at Citigroup Inc - BangaloreWeekly Alcoa Corp Given Buy Rating at Citigroup Inc - Stock Observer
over three months ago at 
Alcoa Corp Upgraded by Goldman Sachs Group Inc to quotBuyquot
Alcoa Corp was upgraded by equities researchers at Goldman Sachs Group Inc from a neutral rating to a buy rating in a research report issued to clients and investors on Monday. Alcoa Corp Rating Increased to Buy at Vetr Inc. Community Financial News Is Alcoa Stock a Solid Choice Right Now Yahoo Finance

Latest Stories

Recently Published Macroaxis Headlines
Follow Benchmarks with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker


Compare Alcoa To Peers

Shares Owned by Insiders

Shares Owned by Insiders Comparative Analysis
  Shares Owned by Insiders 
      Alcoa Comparables 
Alcoa is currently under evaluation in shares owned by insiders category among related companies. Shares Owned by Insiders show percentage of outstanding shares owned by insiders (such as key officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.