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Aug 10, 2018
Trump Doubles Tariffs on Turkish Steel and Aluminum

Trump Doubles Tariffs on Turkish Steel and Aluminum

U.S. President Donald Trump tweeted that he’s doubling tariffs on imports from Turkey.

In his latest tweet, Trump wants Turkey to ‘pay’ for its weak Lira – which he believes is eroding U.S. competitiveness in global trade. So he will raise tariff to 20% on Turkish Aluminum and 50% on its steel. “Our relations with Turkey are not good at this time!”, he said.

Related Ticker: AA

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


AA's Stochastic Oscillator is staying in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The 10-day moving average for AA crossed bullishly above the 50-day moving average on August 20, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 15 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 83%.

Following a +2.20% 3-day Advance, the price is estimated to grow further. Considering data from situations where AA advanced for three days, in 235 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

AA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The 10-day RSI Indicator for AA moved out of overbought territory on August 12, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In 22 of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at 73%.

The Momentum Indicator moved below the 0 level on September 09, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AA as a result. In 78 of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.

The Moving Average Convergence Divergence Histogram (MACD) for AA turned negative on September 10, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 37 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 76%.

AA moved below its 50-day moving average on September 10, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.

The Aroon Indicator for AA entered a downward trend on August 07, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 23 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: AA's P/B Ratio (1.681) is slightly lower than the industry average of (2.486). P/E Ratio (9.761) is within average values for comparable stocks, (8.629). Dividend Yield (0.009) settles around the average of (0.015) among similar stocks. P/S Ratio (0.911) is also within normal values, averaging (0.863).

The Tickeron PE Growth Rating for this company is 23 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of 44 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is 48 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is 61 (best 1 - 100 worst), indicating fairly steady price growth. AA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 92 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock worse than average.

Notable companies

The most notable companies in this group are Alcoa Corp (NYSE:AA).

Industry description

Aluminum is widely used in the industries like construction, packaging and automotive sector. The segment has seen increased demand for the lightweight variety in automobiles in improving fuel efficiency. The U.S. aluminum industry generates nearly $71 billion a year in direct economic impact (according to The Aluminum Association). Arconic, Inc, Alcoa Corp and Kaiser Aluminum Corporation are major aluminum companies in the U.S.

Market Cap

The average market capitalization across the Aluminum Industry is 5.59B. The market cap for tickers in the group ranges from 138.37K to 54.35B. DKIAF holds the highest valuation in this group at 54.35B. The lowest valued company is NORNQ at 138.37K.

High and low price notable news

The average weekly price growth across all stocks in the Aluminum Industry was -8%. For the same Industry, the average monthly price growth was -12%, and the average quarterly price growth was -5%. AA experienced the highest price growth at -6%, while CENX experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the Aluminum Industry was 19%. For the same stocks of the Industry, the average monthly volume growth was 35% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 42
P/E Growth Rating: 78
Price Growth Rating: 55
SMR Rating: 31
Profit Risk Rating: 66
Seasonality Score: 0 (-100 ... +100)
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General Information

a miner of bauxite and aluminum

Industry Aluminum

Profile
Details
Industry
Aluminum
Address
201 Isabella Street
Phone
+1 412 315-2900
Employees
14900
Web
https://www.alcoa.com
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