Watch for continnued gains in shares of century aluminum (cenx)

Apr 05, 2011 (SmarTrend(R) News Watch via COMTEX) -- Shares of Century Aluminum (NASDAQ:CENX) traded at a new 52-week high today of $19.38. Approximately 115,000 shares have traded hands today vs. average 30-day volume of 1.9 million shares.

Century Aluminum is currently trading at $19.34, approximately 17.4% above its 50-day moving average of $16.48. SmarTrend will be monitoring shares of CENX to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has climbed 1.63% while the 200-day MA has risen 0.98%.

In the past 52 weeks, shares of Century Aluminum have traded between a low of $8.25 and a high of $19.23 and are now at $19.13, which is 132% above that low price.

SmarTrend currently has shares of Century Aluminum in an Uptrend and issued the Uptrend alert on February 14, 2011 at $16.00. The stock has risen 19.8% since the Uptrend alert was issued.