Century aluminum falls below 3-day trading range at $19.50(CENX)

Century Aluminum (NASDAQ:CENX) traded in a range yesterday that spanned from a low of $18.27 to a high of $19.17. Yesterday's low of the day pierced the 3-day low of $19.50 on volume of 2.4 million shares.

Shares of Century Aluminum have been range bound for the past 3-days between a high of $20.69 and a low of $19.50 and have traded with a 30-day average daily volume of 1.8 million shares.

Look for shares of CENX to trade within a new lower trading range with resistance at $19.50 and move along with its peers in the Aluminum SmarTrend industry.

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 22.8% since the Uptrend alert was issued.