Technical Analysis - ALUMINUM CORP (Stock Symbol: ACH)
ACH Pivot Point Support and Resistance Levels
Aluminum Corporation of China Limited engages in the manufacture and distribution of alumina, primary aluminum, and aluminum fabrication products in the People's Republic of China and internationally. Its Alumina segment involves in the mining and purchasing of bauxite and other raw materials, refining of bauxite into alumina, and sale of alumina. This segment also produces and sells chemical alumina, including alumina hydroxide and alumina chemicals, and metal gallium. The company's Primary Aluminum segment engages in smelting alumina to produce primary aluminum, principally ingots for use in general aluminum fabrication in the construction, power generation, automobile, packaging, machinery, and durable goods industries. This segment also produces and sells carbon products and aluminum alloy products. The Aluminum Fabrication segment involves in the production and sale of aluminum fabrication products, including casts, planks, screens, extrusions, forges, powder, and die castings for use in the construction, power generation, automobile, packaging, machinery, and durable goods industries. The Trading segment engages in the procurement and sale of alumina, primary aluminum, and aluminum fabrication products, as well as relevant metal products, and raw and ancillary materials. The company also engages in the manufacture and distribution of metal materials; sale of general machinery and equipment; production, acquisition, and distribution of limestone ore, aluminum magnesium ore, and related nonferrous metal products; aluminum smelting, manufacture, and distribution of nonferrous metals; and generation and supply of electricity, as well as in iron ore mining and coal mining activities. Aluminum Corporation of China Limited was founded in 2001 and is based in Beijing, China.
Select formula to calculate Traditional Pivot Point
ACH Pivot Points (traditional) calculated for the Next trading session
|Support / Resistance||Daily ACH|
|Used Period||12/12/2013||12/09/2013 - 12/12/2013||12/02/2013 - 12/12/2013|
|Used ACH Quotes||O:8.68;H:8.75;L:8.60;C:8.62||O:9.10;H:9.10;L:8.58;C:8.62||O:9.18;H:9.26;L:8.58;C:8.62|
Daily ACH support and resistance levels are based on the ACH quotes recorded on 12/12/2013
Open: 8.68; High: 8.75; Low: 8.60; Close: 8.62.
Weekly ACH support and resistance levels are based on the ACH quotes recorder in period from 12/09/2013 to 12/12/2013
Open: 9.10; High: 9.10; Low: 8.58; Close: 8.62.
Monthly ACH support and resistance levels are based on the ACH quotes recorded in period from 12/02/2013 to 12/12/2013
Open: 9.18; High: 9.26; Low: 8.58; Close: 8.62.
Daily ACH Pivot Points (traditional and non-traditional)
support and resistance levels are calculated for the Next trading session
|Pivot Point Level||Traditional|