Kaiser Aluminum Downward Momentum Looks to Continue

Friday, Jan 21, 2011
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Jan 20, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend is monitoring the recent change of momentum in Kaiser Aluminum. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kaiser Aluminum in search of a potential trend change.


In the past 52 weeks, shares of Kaiser Aluminum have traded between a low of $32.83 and a high of $52.00 and are now at $46.36, which is 41% above that low price.


Kaiser Aluminum is currently below its 50-day moving average of $48.76 and should find support at its 200-day moving average of $41.96. Look for these moving averages to decline to confirm the company's downward momentum.

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