Focus Stocks
Allegheny Close to 50 Day Moving Average
Published on Friday, 19 February 2010 07:16 Written by Christian Paolinetti
New York, Feb 19th (TradersHuddle.com) - Shares of Allegheny Technologies Inc. (NYSE:ATI) closed the trading day at $44.53 very close to its 50 day moving average currently set at $43.0538. Allegheny's price action is just above this important support level translating into a trading opportunity.
Allegheny Technologies, Inc. (NYSE:ATI) manufactures and sells specialty metals worldwide. The Company's products include include titanium and titanium alloys, nickel-based alloys and superalloys, zirconium, hafnium and niobium, stainless and specialty steel alloys.
Looking at peaks and troughs horizontal support and resistance levels, we can see current calculated support at $39 and calculated resistance at $42.91. These levels should also be evaluated by traders when planning their trades, as they provide an insight into the latest price action.
Traders wanting to establish a position on Allegheny will be looking at the price action for evidence of buying near the 50 day moving average, and opening
a position as close as possible to this important level. Also traders will be looking at the latest price action, via the stocks current range previously defined for insights of other
ley levels that might affect their upside or downside.
Related Articles
- Trade Alert - Allegheny High Volume
- Allegheny Technologies Announces Fourth Quarter and Full Year 2011 Results
- Allegheny Ahead of Earnings
- Allegheny Technologies Announces Webcast of Conference Call for Fourth Quarter and Full-Year 2011 Results
- Are the Bears Taking Control over Allegheny?
- Is this a Reversal Pattern for Allegheny ?
- Critical Alerts for Netflix, American Tower, Chubb, Toll Brothers, and Allegheny Technologies Released by Seven Summits Research
- Is this a Reversal Pattern for Allegheny ?
- Allegheny Technologies Declares Quarterly Dividend
- Allegheny Technologies Elects New Director
Related Partner Headlines
- Allegheny Stock To Go Ex-dividend Tomorrow (ATI) - TheStreet.com
- Allegheny Technologies Inc (ATI): Today's Featured Industrial Goods Loser - TheStreet.com
- Allegheny Technologies Inc (ATI): Today's Featured Industrial Goods Loser - TheStreet.com
- Allegheny Technologies Inc (ATI): Today's Featured Industrial Goods Loser - TheStreet.com
- Allegheny Stock Hits New 52-Week Low (ATI) - TheStreet.com
- Allegheny Stock To Go Ex-dividend Tomorrow (ATI) - TheStreet.com
TradersHuddle Search
| Sponsored By: |
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
Some Thoughts at the End of the 2011-2012 Football Season - Benzinga -
Benzinga's Microcap Movers for Monday February 6, 2012 - Benzinga -
ETFs to Watch February 7, 2012 - Benzinga -
Market Preview: Coke Lacks Fizz - TheStreet.com -
'Fast Money' Recap: Headwinds for Netflix? - TheStreet.com -
Benzinga's M&A Chatter for Monday February 6, 2012 - Benzinga -
Benzinga's M&A Chatter for Monday February, 2012 - Benzinga -
'Mad Money Lightning Round': Go With General Mills - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,845.13 Trade time:4:06PM EST Value change:▼17.10 (-0.13%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,344.33 Trade time:4:32PM EST Value change:▼0.57 (-0.04%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,901.99 Trade time:5:16PM EST Value change:▼3.67 (-0.13%)In The Wires
-
ArcelorMittal Reports Fourth Quarter 2011 and Full Year 2011 Results -
Omega Announces Fourth Quarter 2011 Financial Results; Adjusted FFO of $0.50 Per Share for the Fourth Quarter; and $334 Million of New Investments -
Walmart Unveils “Great For You” Icon -
Nebraska Liquor Licenses Can Now be Renewed Online -
Analog Devices’ Webcast Addresses The Fundamentals Of Laying Out PC Boards -
EpiCept Files for AmiKet™ Fast Track Designation -
Walmart Unveils "Great For You" Icon -
New PowerShot Lineup Enables Photographers to Stay Connected While Capturing Legendary Canon Image Quality










