AA Alcoa Corporation

Stock NYSE Basic Materials

US$46.26 -0.36% Latest close

Alcoa Corporation (AA) trend channel, buy level and 3-month target on Trade The Path. Sector: Basic Materials. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

In the buy zone, rising on both timeframes

Price is sitting on the lower trend line β€” the level that has repeatedly held.

The next few months are read from the last 12 months, not the last 18 months: that channel fits this stock's recent turns at least as well (51% against 56%) and it is the one price is respecting now. The last 18 months stay as context: rising, +98% a year. The target of US$58.04 is below the nearest ceiling (US$108.32), so it does not depend on a breakout. What would overturn this: a close below US$50.52 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

18 months read from
US$50.63 – US$108.42 Rising channel, +98% a year
Position in that channel
-7% below the floor of it β€” 0% is the floor, 100% the ceiling

Price history, with the path projected 3 months forward

US$20.0US$40.0US$60.0US$80.0US$100.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today Buy nowTarget Buy now US$46.1 Β· est. 16 Sept 26Our target US$58.0 Β· est. 19 Oct 26
  • Daily close
  • Upper trend line (18 months)
  • Lower trend line (18 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy now

US$46.26

last close Β· 16 Sept 2026

Channel buy is US$46.44; last close is the better price available now.

Our target

US$58.04

by 19 Oct 2026

Projected move

25.5%

gross, before costs

Last close is our buy β€” the best price available now.

The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 5 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 8 times so far, reaching target 50% of the time β€” too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches more than 30% above the entry within 90 days, and of the sizes that path supports, 25% is the one that has returned the most per day of money tied up here β€” measured over 146 stretches of this stock’s own history, since the published entry itself is too rare here to size a target from, reached 62% of the time, typically in 33 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

Upper line touches
3
Lower line touches
5
Fit confidence
56%
Fitted
16 Sept 2026

About Alcoa Corporation

Alcoa Corporation stands as a global industrial leader, primarily focused on the production and sale of bauxite, alumina, and aluminum products. Its extensive operations span multiple continents, including North America (United States, Canada), Europe (Spain, Iceland, Norway), South America (Brazil), and Australia, along with other international markets. The company's activities are strategically divided into three principal segments: Bauxite, Alumina, and Aluminum. Alcoa initiates its process with bauxite mining. This raw material is then refined into alumina, which is subsequently sold to customers for conversion into various industrial chemical products. Additionally, the company is involved in aluminum smelting and casting, supplying primary aluminum in forms like alloy or value-added ingots. These aluminum products cater to a diverse range of industries, including transportation, building and construction, packaging, wire manufacturing, and other industrial applications. Beyond its core metals business, Alcoa also operates hydroelectric power generation facilities. These plants generate and sell electricity into the wholesale market, serving a wide array of clients, from traders and large industrial consumers to distribution companies and other power generators. Founded in 1888, the company is headquartered in Pittsburgh, Pennsylvania. It officially adopted the name Alcoa Corporation in October 2016, prior to which it was known as Alcoa Upstream Corporation.

Sector
Basic Materials
Industry
Aluminum
CEO
William F. Oplinger
Employees
14,900
Country
US

https://www.alcoa.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
β€”
Profitability
β€”
Financial health
β€”
Cash generation
β€”

Key statistics

Market cap
US$12.21B
Enterprise value
β€”
Beta
1.63
Avg volume
5.21M
Revenue per share
β€”
Dividend yield
β€”
52-week range
30.81-84.38
Exchange
NYSE

Key ratios

P/E (TTM)
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PEG
β€”
Price / sales
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Price / book
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EV / EBITDA
β€”
Gross margin
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Operating margin
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Net margin
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Current ratio
β€”
Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.