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How Will the Market React to Alcoa Corp (AA) Stock Getting a Bullish Rating

Thursday, August 11, 2022 03:41 PM | InvestorsObserver Analysts
How Will the Market React to Alcoa Corp (AA) Stock Getting a Bullish Rating

Overall market sentiment has been high on Alcoa Corp (AA) stock lately. AA receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Alcoa Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AA!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AA Stock Today?

Alcoa Corp (AA) stock is trading at $53.59 as of 3:40 PM on Thursday, Aug 11, an increase of $0.67, or 1.27% from the previous closing price of $52.92. The stock has traded between $53.27 and $55.63 so far today. Volume today is below average. So far 3,726,420 shares have traded compared to average volume of 5,946,535 shares. To screen for more stocks like Alcoa Corp click here.

More About Alcoa Corp

Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain. Click Here to get the full Stock Report for Alcoa Corp stock.

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