Next Support Level for Alcoa (AA) is $17.08

Описание: Shares of Alcoa (NYSE:AA) opened today below their pivot of $17.36 and have already reached the first level of support at $17.25. Investors may be interested in a cross of the next downside pivot targets of $17.08 and $16.80.

A 13.7% potential upside exists for Alcoa, based on a current level of $17.19 and analysts' average consensus price target of $19.55. The stock should discover initial support at its 50-day moving average (MA) of $15.51 and subsequent support at its 200-day MA of $12.71.