ALBEMARLE CORP (ALB) Stock Technical Analysis
NYSE:ALB - New York Stock Exchange, Inc. - US0126531013 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ALB. ALB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALB is a bad performer in the overall market: 90% of all stocks are doing better.
ALB is one of the lesser performing stocks in the Chemicals industry. 77% of 85 stocks in the same industry do better.
ALB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ALB has an average volume of 2250800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALB has a been trading in the 72.88 - 91.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
76.13
102.93
We found 1 important support area.
- Support @76.90 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @83.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 87.24 to 88.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @97.08 from a trend line in the weekly time frame.
- Resistance @101.91 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.04
Mansfield-2.64
10 Day High84.73
10 Day Low72.88
20 Day High91.41
20 Day Low72.88
52 Week High143.19
52 Week Low71.97
Performance
1 Week2.46%
2 Weeks2.78%
1 Month-9.58%
3 Month-25.08%
6 Month-10.28%
12 Month-32.7%
2 Year-68.07%
3 Year-58.55%
5 Year-0.79%
10 Year43.54%
15 Year116.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.75
RSI(14)43.7
LBB74.42
UBB85.3
81.2
-1.31 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.59%
1 Week2.46%
2 Weeks2.78%
1 Month-9.58%
3 Month-25.08%
6 Month-10.28%
12 Month-32.7%
2 Year-68.07%
3 Year-58.55%
5 Year-0.79%
10 Year43.54%
15 Year116.59%
Volatility
ATR(14)3.58
ATR(20)%4.03%
ATR Inc-14.55%
Range Today3.27
ADR(20)3.09
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.04
Mansfield-2.64
10 Day High84.73
10 Day Low72.88
20 Day High91.41
20 Day Low72.88
52 Week High143.19
52 Week Low71.97
CS1 End76.9
CR1 Start83.67
Volume & EV
DER(3)-0.98%
DER(5)0.27%
Volume1.68M
Volume Incr-13.04%
Vol(5)2.32M
Vol(50)2.25M