Alon USA Energy (ALJ) in Focus: Stock Moves 5.1% Higher – Tale of the Tape

August 7, 2015 Technicals 0

Zacks

Alon USA Energy, Inc. (ALJ) was a big mover last session, as the company saw its shares rise above 5% on the day. The upside came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $17.91–$19.87 in the past one-month time frame.

In the last 30 days, the company has seen one upward and one downward estimate revision, while the Zacks Consensus Estimate moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Alon USA Energy carries a Zacks Rank #3 (Hold).

A better-ranked oil refining and marketing stock is CVR Refining, LP (CVRR), which holds the same Zacks Rank as Douglas Dynamics.

Is ALJ going up? Or down? Predict to see what others think: Up or Down

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