ALBEMARLE CORP (ALB)
US0126531013 - Common Stock
Taking everything into account, ALB scores 7 out of 10 in our technical rating. ALB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ALB has an average volume of 2633170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ALB outperforms 49% of them, which is more or less in line with the market.
ALB is part of the Chemicals industry. There are 84 other stocks in this industry, ALB did better than 61% of them.
ALB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALB is lagging the market.
In the last month ALB has a been trading in the 92.94 - 111.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
92.57
111.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 99.05 to 100.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 93.51 to 93.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @103.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 109.69 to 110.49. This zone is formed by a combination of multiple trend lines 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
CRS49.73
Mansfield-1.78
10 Day High111.59
10 Day Low93.3
20 Day High111.59
20 Day Low92.94
52 Week High153.54
52 Week Low71.97
Performance
1 Week2.67%
2 Weeks5.38%
1 Month8.82%
3 Month30.44%
6 Month-21.04%
12 Month-18.73%
2 Year-62.76%
3 Year-61.15%
5 Year58.35%
10 Year75.36%
15 Year206.76%
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)0.46
RSI(14)54.87
LBB91.93
UBB109.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 103.55 | 99.04 | 4.51 (4.36%) | 22.96% |
| An entry @103.55. This is a Buy Stop order right above the resistance zone. | An exit @99.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.51 points, which is 4.36%. | When investing 22.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALBEMARLE CORP
NYSE:ALB (11/15/2024, 8:04:00 PM)
After market: 103.54 +0.01 (+0.01%)103.53
+1.43 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.4%
1 Week2.67%
2 Weeks5.38%
1 Month8.82%
3 Month30.44%
6 Month-21.04%
12 Month-18.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.67
ATR(20)%4.86%
ATR Inc
Range Today4.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High111.59
10 Day Low93.3
20 Day High111.59
20 Day Low92.94
52 Week High153.54
52 Week Low71.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.50M
Volume Incr41.18%
Vol(5)3.14M
Vol(50)2.63M