From a fundamental viewpoint, the security is cheap with a P/E Ratio of 17.9x for 2014 and 15x for 2015.
Besides, EV/Sales is low with a ratio at 1.08 for this year.
Moreover sales are expected to increase about 4% in 2014, from USD 1.3 billion to USD 1.35 billion.
Technically, in daily data, even if moving averages are still in a downtrend, a positive reaction in the current area which correspond to the trend line support should stop this movement and allow a technical rebound towards USD 73.7 (weekly data). Moreover, technical indicators show a significant oversold condition which strengthens this bullish scenario.
The trading strategy can benefit from the proximity of the strong support currently tested in order to buy Kaiser Aluminum with a good timing. Investors might place a stop loss order at USD 68.6 in order to avoid important losses.
Kaiser Aluminum Corporation is a producer of semi-fabricated specialty aluminum products. The Company's fabricated aluminum mill products include flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Its business focuses on producing rolled, extruded, and drawn aluminum products used principally for aerospace and defense, aluminum beverage and food packaging, general engineering that include consumer durables, electronics and products for electrical and machinery and equipment applications and automotive products. It provides its products for a range of market applications, including aerospace and high strength (Aero/HS products); beverage and food packaging products (Packaging); general engineering (GE products); automotive (Automotive Extrusions), and other products. Its Automotive Extrusions consist of extruded aluminum products for many North American automotive applications.
KAISER ALUMINUM CORPORATION 
