Moving Average Crossover: Great News for Noranda Aluminum Holding (NOR)?

Zacks

Are you a technical investor? If so, it may be time to consider Noranda Aluminum Holding Corporation (NOR) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for NOR.

This trend may have already begun, as shares of NOR have moved by higher by 32.2% in just the past month. Plus, NOR has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Noranda Aluminum Holding has plenty of life left.



NORANDA ALUMINUM HOLDINGS CORP (NOR): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)