SmarTrend identified a Downtrend for Aluminum of China on April 27, 2010 at $24.91. In approximately 1 week, Aluminum of China has returned 6.9% as of today's recent price of $23.18.
Aluminum of China is currently below its 50-day moving average of $25.87 and below its 200-day moving average of $27.64. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Aluminum of China.
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