Kaiser Aluminum Corporation (KALU)

Kaiser Aluminum Corporation is trading at $161.90, down 12.72% on the session. The 50 day average sits at $174.56 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 55.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $172.51 with resistance near $186.50, so that band frames the current range. Average daily movement is roughly $8.80, or about 5.4% of the share price, which is what any stop placement has to allow for. The overall health score of 57 out of 100 combines a trend score of 52, momentum of 87 and a risk score of 24.

Kaiser Aluminum Corporation, together with its subsidiaries, manufactures and sells semi-fabricated specialty aluminum mill products. It offers flat-rolled plate, sheet, and coil; extruded rod, bar, hollows, and shapes; drawn rod, bar, pipe, tube, and wire; and cast aluminum products. The company also offers aero/HS products, such as heat-treated plates and sheets, hard alloy extruded shapes, cold finish rods and bars, and seamless drawn tubes and billets used for end uses in the global aerospace, space, and defense industries, as well as packaging products, including bare and coated 3000 and 5000-series alloy aluminum coils used in beverage and food packaging industry. In addition, the company provides general engineering products comprising 6000-series aluminum alloy plate, sheet, rod, bar, tube, wire, and standard extruded shapes used in various applications, including the production of armor for military vehicles, ordnances, semiconductor manufacturing cells, electronic devices, power transmission bus pipe and bar, after-market motor sport parts, tooling plates, machinery and equipment parts, bolts, screws, and rivets. Further, it offers automotive extrusions consisting of 6000-series extruded aluminum products for structural components, crash management systems, anti-lock braking systems, and drawn tubes for drive shafts, as well as offers fabrication services, such as sawing and cutting to length. The company sells its products directly to aerospace and automotive manufacturers, tier one aerospace and automotive suppliers, beverage and food packaging manufacturers, and metal service centers through sales personnel located in the United States, Canada, and Western Europe. Kaiser Aluminum Corporation was founded in 1946 and is headquartered in Franklin, Tennessee.