Alcoa Story

Alcoa Corporation -- USA Stock  

USD 47.57  0.21  0.44%

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 hours ago at 
Alcoa Corp Shares Sold by IFP Advisors Inc
Alcoa logo IFP Advisors Inc cut its stake in Alcoa Corp by 16.9 percent in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . Alcoa Corp COO Sells 513700.00 in Stock - The Ledger Gazette Alcoa Corp Expected to Announce Quarterly Sales of 3.11 Billion - Dispatch Tribunal
over a month ago at 
KBC Group NV Reduces Holdings in Alcoa Corp
KBC Group NV decreased its holdings in Alcoa Corp by 20.9 percent in the third quarter, according to the company in its most recent 13F filing with the SEC. Analysts See 1.23 EPS for Alcoa Corporation - Frisco Fastball Wells Fargo and Company MN Acquires 472698 Shares of Alcoa Corp - Dispatch Tribunal
over two months ago at 
Acquisition by James Owens of 2078 shares of Alcoa subject to Rule 16b-3
Macroaxis News
Filed transaction by Alcoa Corp director. Grant, award or other acquisition pursuant to Rule 16b-3
over three months ago at 
Why You Should not Bet Against Alcoa Corp Stock
One stock that might be an intriguing choice for investors right now is Alcoa Corp . This is because this security in the Metal Products-Distribution space is seeing solid earnings estimate revision activity, and is in great company from a ...

Did you try this?

Run Fundamentals Comparison Now

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
Hide  View All  NextLaunch Fundamentals Comparison


Compare Alcoa To Peers

Number of Shares Shorted

Number of Shares Shorted Comparative Analysis
  Number of Shares Shorted 
      Alcoa Comparables 
Alcoa is rated third in number of shares shorted category among related companies. Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.