Kaiser Aluminum Corp

KALU remains in a pronounced medium-term downtrend, evidenced by persistent lower highs and lower lows beneath falling EMAs. Short-term moving averages have rejected recent rallies, confirming bearish momentum. With no exhaustion visible on oversold readings, the path of least resistance remains lower. Sell-side engagement on bounces into the 9/20/50 EMA confluence is advised.

• ↑Q2 conversion revenue reached $437 M (+17% YoY) led by aerospace and packaging demand.
• ↑Adjusted EBITDA hit $166 M (+99% YoY), reflecting steep efficiency gains.
• ↓Leadership change to new CEO may disrupt strategic continuity.