Is Alcoa Corp. technically bullish or bearish?
As of June 3, 2025, Alcoa Corp. is in a mildly bearish trend, with mixed signals from indicators like the MACD and Bollinger Bands, suggesting potential downside pressure despite some mildly bullish signals on the weekly chart.
As of 3 June 2025, the technical trend for Alcoa Corp. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The weekly MACD shows a mildly bullish signal, but the monthly MACD remains bearish, indicating mixed momentum. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, suggesting potential downside pressure. Daily moving averages are also mildly bearish, reinforcing the short-term negative outlook. Dow Theory indicates no trend on the weekly chart and a mildly bearish stance on the monthly chart. Overall, while there are some mildly bullish signals in the weekly indicators, the prevailing trend remains bearish, particularly in the longer time frames.
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