Aa stock price forecast trend-following strategies currently

Trend-following strategies currently favor the "AA stock price forecast", as price action holds above key moving averages. With positive MACD divergence persisting for five sessions, near-term bullish continuation remains probable. To begin with, Alcoa seems to have a respectable ROE. Especially when compared to the industry average of 11% the company's ROE looks pretty impressive. Given the circumstances, we can't help but wonder why Alcoa saw little to no growth in the past five years. We reckon that there could be some other factors at play here that's limiting the company's growth. Such as, the company pays out a huge portion of its earnings as dividends, or is faced with competitive pressures. Alcoa Corporation (NYSE: AA ) will release earnings results for the second quarter, after the closing bell on Wednesday, July 16. Volatility metrics show the "AA stock price forecast" is aligning with broader materials sector trends. The stock’s beta of 1.4 suggests it will move more aggressively than the S&P 500 during commodity rallies, which could attract momentum-driven trading.