Alcoa Inc.(AA) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Alcoa Inc.(AA) closed at 39.02, up 0.52 or 1.35 % for the day. Based on our analysis, Alcoa Inc.(AA) has rising momentum with an uptrend.

The closing price of Alcoa Inc.(AA) is above its 50 day moving average of 33.97 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Alcoa Inc.(AA) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 28-Jan-2008, about 23 trading days ago.