Century Aluminum: The Trend Continues Higher

Friday, Dec 03, 2010
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SmarTrend identified an Uptrend for Century Aluminum (NASDAQ: CENX) on June 21, 2010 at $10.84. In approximately 5 months, Century Aluminum has returned 33.4% as of today's recent price of $14.45.


In the past 52 weeks, shares of Century Aluminum have traded between a low of $8.25 and a high of $18.77 and are now at $14.45, which is 75% above that low price.


Century Aluminum is currently above its 50-day moving average of $13.71 and above its 200-day moving average of $12.29. Look for these moving averages to climb to confirm the company's upward momentum.


In the last five trading sessions, the 50-day MA has climbed 1.61% while the 200-day MA has risen 0.19%.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Century Aluminum shares.

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