BME:ALB - Bolsa De Madrid - ES0117160111 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to ALB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALB is showing a nice and steady performance.
ALB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 83.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALB in the last couple of days, which is a good sign.
45.09
We found 3 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALB.MC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALB.MC is up. |
ChartMill Relative Strength | 93.88 | POSITIVE | ALB.MC has a high relative strength, it outperformed 93.88% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALB.MC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALB.MC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALB.MC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.16 | NEUTRAL | The RSI value for ALB.MC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALB.MC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 65.52 | NEUTRAL | The Stochastics value for ALB.MC is a neutral value. |
Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for ALB.MC suggests low volalility. |
Average Directional Index/ADX (14) | 27.61 | POSITIVE | The high ADX value value for ALB.MC suggests a strong trend. |
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 |
---|---|---|---|
84.46 | 83.33 | 1.13 (1.34%) | 25.00% |
An entry @84.46. This is a Buy Stop order right above the 10 day high. | An exit @83.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.13 points, which is 1.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
BME:ALB (4/24/2025, 11:53:27 AM)
83.965
+0.34 (+0.41%)