RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CENX
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On Wednesday, Century Aluminum Company stock price gained an impressive 5.50%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 06, 2024 Gain 35.97% PDF

The Century Aluminum Company stock price gained 5.50% on the last trading day (Wednesday, 27th Mar 2024), rising from $14.01 to $14.78. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 5.88% from a day low at $14.04 to a day high of $14.86. The price has risen in 8 of the last 10 days and is up by 26.76% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 275 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $23.57 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $12.80, a level that may pose a second chance to hit a runner. According to fan-theory $15.02 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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CENX Signals & Forecast

The Century Aluminum Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $13.28 and $11.27. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 48.24%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Century Aluminum Company stock

On the downside, the stock finds support just below today's level from accumulated volume at $12.67 and $12.06. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Century Aluminum Company finds support just below today's level at $12.67. If this is broken, then the next support from accumulated volume will be at $12.06 and $11.69.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.82 between high and low, or 5.88%. For the last week, the stock has had daily average volatility of 5.57%.

The Century Aluminum Company stock is extremely overbought on RSI14 (85). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $14.29 (-3.30%) (This stock has high daily movements and this gives high risk. The RSI14 is 85 and this increases the risk substantially. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (CENX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Century Aluminum Company to open at $14.56, and during the day (based on 14 day Average True Range), to move between $14.13 and $15.43, which gives a possible trading interval of +/-$0.652 (+/-4.41%) up or down from last closing price. If Century Aluminum Company takes out the full calculated possible swing range there will be an estimated 8.82% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $12.67, some $2.11 (14.28%) from the current price of $14.78, our system finds the risk reward attractive.

Is Century Aluminum Company stock A Buy?

Century Aluminum Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Century Aluminum Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$14.56 ( 1.50%) $14.78

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CENX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.38 4.08 %
R2 15.07 1.95 %
R1 14.87 0.632 %
Current price: 14.78
Support S1 14.24 -3.63 %
S2 14.05 -4.95 %
S3 13.73 -7.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 14.78
Support S1 12.67 -14.28%
S2 12.06 -18.40%
S3 11.69 -20.91%

CENX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 17, 2002 Sep 18, 2002 Sep 30, 2002 $0.0500 0.718%
2 Jun 03, 2002 Jun 12, 2002 Jun 28, 2002 $0.0500 0.336%
3 Mar 04, 2002 Mar 13, 2002 Mar 29, 2002 $0.0500 0.308%
4 Nov 30, 2001 Dec 12, 2001 Dec 28, 2001 $0.0500 0.357%
5 May 31, 2001 Jun 13, 2001 Jun 29, 2001 $0.0500 0.312%

FAQ

What is the symbol for Century Aluminum Company Stock and on which exchange is it traded?
The symbol for Century Aluminum Company is CENX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Century Aluminum Company Stock?
Century Aluminum Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

How to buy Century Aluminum Company Stock?
Century Aluminum Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Century Aluminum Company Stock.

What's the current price of Century Aluminum Company Stock?
As of the end of day on the 2024-03-27, the price of an Century Aluminum Company (CENX) share was $14.78.

What is the 52-week high and low for Century Aluminum Company Stock?
The 52-week high for Century Aluminum Company Stock is $14.86 and the 52-week low is $5.70.

What is the market capitalization of Century Aluminum Company Stock?
As of the 2024-03-27, the market capitalization of Century Aluminum Company is 1.366B.

When is the next earnings date for Century Aluminum Company?
The upcoming earnings date for Century Aluminum Company is May 13, 2024.
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About Century Aluminum Company

Century Aluminum Company Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. The company was incorporated in 1981 and is headquartered in Chicago, Illinois.... CENX Profile

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