CENX Forecast + Trading Strategies


Bullish Case: Century Aluminum, supported by positive impacts from economic studies and expansion plans, has shown strong price growth recently. Given stronger local support and operational improvements, CENX is poised for potential increased valuation.


Bearish Case: Despite recent growth, CENX faces risks from global economic headwinds and environmental concerns. With high implied volatility indicating uncertainty, there's potential for the stock to experience sharp corrections.


Potential Outcomes:

1) CENX continues upward trajectory on recent expansions: 40%.

2) CENX dips on global economic downturn: 25%.

3) CENX stabilizes around current level amid mixed sentiments: 35%.


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April 19, 2024


Century Aluminum Forecast

CENX        Century Aluminum
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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