Alcoa Shares Show Oversold Signals at $34.75

Alcoa (AA) shares have entered oversold territory with an RSI of 29.4, suggesting a potential buying opportunity as the stock trades down about 2.7%. Investors may find this technical analysis intriguing for future trades.

Date: 09-01-2025

AI Rating: 6

Technical Analysis Overview
Alcoa Corporation (AA) recently entered into oversold territory, indicated by its Relative Strength Index (RSI) hitting 29.4. An RSI below 30 suggests that the stock may have been oversold as a result of extensive selling.

The current trading range for AA is noteworthy, as it has a 52-week low of $24.86 and a high of $47.77, with the last trade at $35.25. The stock's performance is down approximately 2.7% on the trading day.

Considering the performance metrics, investors might view the low RSI as a signal that the recent selling pressure could be diminishing. This may open the door for potential buying opportunities, particularly for bullish investors aiming to capitalize on a rebound.

Currently, there is no specific information provided in the report regarding Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, or Return on Equity for Alcoa Corporation. The focus is primarily on the technical analysis aspects that signify trading opportunities.

Stocks: AA