ALBEMARLE CORP (ALB) Stock Technical Analysis
NYSE:ALB - New York Stock Exchange, Inc. - US0126531013 - Common Stock
We assign a technical rating of 2 out of 10 to ALB. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ALB is a bad performer in the overall market: 81% of all stocks are doing better.
ALB is part of the Chemicals industry. There are 85 other stocks in this industry, of which 61% are performing better than ALB.
In the last month ALB has a been trading in the 84.41 - 99.06 range, which is quite wide. It is currently trading near the high of this range.
ALB has an average volume of 2068800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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.
The technical rating of ALB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
84.38
106.80
When analyzing the support we notice one important area.
- A support zone ranging from 85.23 to 86.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 97.49 to 98.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @100.56 from a trend line in the weekly time frame.
- Resistance @105.74 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
CRS19.4
Mansfield-1.88
10 Day High99.07
10 Day Low84.88
20 Day High99.07
20 Day Low84.41
52 Week High143.19
52 Week Low71.97
Performance
1 Week2.78%
2 Weeks7.13%
1 Month3.88%
3 Month0.58%
6 Month1.35%
12 Month-21.52%
2 Year-66.58%
3 Year-57.39%
5 Year17.15%
10 Year94.88%
15 Year163.3%
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)1.35
RSI(14)50.94
LBB82.72
UBB97.92
ALBEMARLE CORP
NYSE:ALB (1/21/2025, 6:40:00 PM)
After market: 94.1895 +0.14 (+0.15%)94.05
-3.44 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.53%
1 Week2.78%
2 Weeks7.13%
1 Month3.88%
3 Month0.58%
6 Month1.35%
12 Month-21.52%
2 Year-66.58%
3 Year-57.39%
5 Year17.15%
10 Year94.88%
15 Year163.3%
Volatility
ATR(14)3.59
ATR(20)%3.6%
ATR Inc23.24%
Range Today3.21
ADR(20)3.04
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.4
Mansfield-1.88
10 Day High99.07
10 Day Low84.88
20 Day High99.07
20 Day Low84.41
52 Week High143.19
52 Week Low71.97
CS1 End86.63
CR1 Start97.49
Volume & EV
DER(3)1.08%
DER(5)1.83%
Volume1.92M
Volume Incr8.21%
Vol(5)2.05M
Vol(50)2.07M