US to Lower Aluminum Tariffs to Strengthen Defense Supply Chain
📊 ALUMINUM — Piyasa Yorumu
▲ up · 65%The news indicates that the US is set to reduce aluminum tariffs, which could increase demand and support prices. However, a sharp 6.2% decline in the last close and the price trading below both the 20- and 50-day moving averages may complicate a short-term recovery. The RSI at 58.7 is in neutral territory, while the MACD is slightly below the signal line, indicating weak momentum. Although the tariff cut news is positive, technical indicators warrant caution. Therefore, while an upward move is expected, the confidence level is moderate.
📊 AA — Piyasa Yorumu
▲ up · 65%The news serves as a positive catalyst for AA, as reduced aluminum tariffs are expected to strengthen the defense supply chain and potentially increase demand. Technically, although the stock fell 5.4% in the last close, the RSI at 43.5 is approaching oversold territory, and the MACD may have started to cross above the signal line. The price closed just above the 20-day SMA (44.07), which could act as a short-term support level. However, remaining below the 50-day SMA (46.47) suggests limited upside potential. In the short term, there is potential for a news-driven recovery, but it is crucial for the price to stay above 44.07 to build momentum.