Today’s Research on Teck Resources, Turquoise Hill Resources, Alcoa, and Century Aluminum


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NYSE:AA / NYSE:TCK
04/24/2013 [ACCESSWIRE]  

StockCall.com Provides Stock Research on Teck Resources, Turquoise Hill Resources, Alcoa, and Century Aluminum

 

New York City, New York -- (April 24, 2013)

Markets continued their positive streak for the second day of the current trading week. Top news of the session belonged to Apple which reported its latest quarterly report. The stocks also responded well to the rumors that the ECB may slash benchmark interest rate for Euro. Our analysts tracked the Basic Materials sector and followed major companies like Teck Resources Ltd. (NYSE: TCK), Turquoise Hill Resources Ltd. (NYSE: TRQ), Alcoa Inc. (NYSE: AA) and Century Aluminum Co. (NASDAQ: CENX). StockCall professionals have completed their technical analysis on TCK, TRQ, AA, and CENX and these free reports are accessible by registering at

www.stockcall.com/research 

Teck Resources Ltd. traded in the range of $23.48 and $25.84 in its latest trading session. Its volume stood at 8.19 million shares, up from its average daily volume of 3.06 million. The stock closed the session at $24.89, down 1.81 percent. It is currently trading below its short-term moving average price of $25.07, showing a bearish trend. In the coming sessions, Teck Resources is expected to go as high as $26.36, while its first support level is at $23.98. The stock trades at Price/Earnings ratio of 18.44, making it a fairly priced stock to own. It has declined 29.33 percent on a YTD basis. Sign up for the free technical research on TCK at

www.StockCall.com/TCK042413.pdf

Turquoise Hill Resources Ltd. made an upward movement with 5.59 percent gain in Tuesday’s trading session. The company’s stock ended at $5.86 and its highest price point for the session stood at $5.92. It is trading above its long-term moving average price of $5.85, indicating a bullish trend. In the past 12 months, the stock has declined 54.15 percent while its YTD loss stands at 19.39 percent. The stock trades at beta of 1.87, which implies high volatility. It traded 2.04 million shares during the session, in comparison to its regular daily volume of 1.95 million shares. Turquoise Hill Resources commands market capitalization of $5.89 billion. Be sure to read our latest technical research on TRQ by registering at

www.StockCall.com/TRQ042413.pdf

Alcoa Inc. is currently trading in oversold territory with its Relative Strength Index at 40.65. Consequently, the stock may see some upward movement in the coming sessions. It closed Tuesday’s session at $8.12, up 0.12 percent. The stock is currently in a neutral mode and may touch $8.19 level in the coming days. Upon breaching this level, the stock’s next support price is at $8.35. Alcoa’s stock is highly volatile with its beta at 2.12. So far in 2013, the stock tumbled 4.47 percent. Its 52 weeks decline stands at 16.29 percent. The stock has traded in the range of $7.90 and $10.01 during the said time period. Sign up and read the complimentary report on AA at

www.StockCall.com/AA042413.pdf

Century Aluminum Co crawled up in yesterday’s trading session. The stock closed 0.31 percent higher at $6.53 with above average volume of 978,079 shares, showing a neutral trend. The stock has its first support level at $6.23. Upon breaching this level, its next support level is at $6.11. It has its 52-week low price at $5.52 while its 52-week high stands at $9.70. The company commands market capitalization of $578.23 million. Century Aluminum is also trading below its short-term but above long-term average price, further confirming a neutral trend. The free report on CENX can be downloaded by signing up now at

www.StockCall.com/CENX042413.pdf

 

 

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