ALBEMARLE CORP (ALB) Technical Analysis
NYSE:ALB • US0126531013
Current stock price
179.45 USD
+4.95 (+2.84%)
At close:
175.866 USD
-3.58 (-2%)
After Hours:
ALB Technical Rating and Analysis
We assign a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ALB is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, ALB also shows a nice and consistent pattern of rising prices.
- ALB is part of the Chemicals industry. There are 83 other stocks in this industry. ALB outperforms 93% of them.
- ALB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALB is performing more or less in line with the market.
- In the last month ALB has a been trading in the 154.69 - 184.25 range, which is quite wide. It is currently trading near the high of this range.
- ALB has an average volume of 2738810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALB Weekly and Daily overview Charts
ALB Setup Rating and Analysis
Although ALB has an excellent technical rating, it does not present a decent entry opportunity 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
ALB Support and Resistance Analysis
154.92
197.84
We found 3 important support areas.
- A support zone ranging from 167.91 to 172.10. 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 160.37 to 160.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 156.48 to 156.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 194.18 to 195.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
ALB Technical Indicator Signal Analysis
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALB is up. |
| ChartMill Relative Strength | 96.33 | POSITIVE | ALB has a high relative strength, it outperformed 96.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.7 | NEUTRAL | The RSI value for ALB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests ALB has a positive trend. |
| Stochastics (14,3) | 80.37 | OVERBOUGHT | The high Stochastics value suggests ALB may be overbought. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for ALB suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for ALB suggests a weak or negative trend. |
ALB Chart- and CandleStick Pattern Analysis
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)
ALB Technicals: Chart, Performance Metrics, Trend & Indicators
179.45
+4.95 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.84%
1 Week14.52%
2 Weeks13.42%
1 Month0.44%
3 Month19.63%
6 Month103.69%
12 Month148.58%
2 Year36.22%
3 Year-18.82%
5 Year22.82%
10 Year180.7%
15 Year200.23%
Volatility
ATR(14)8.8
ATR(20)%5.27%
ATR Inc-9.38%
Range Today8.55
ADR(20)8.28
ADR(20)%4.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.33
3 months CRS91.71
6 months CRS98.38
Mansfield7.7
10 Day High184.25
10 Day Low154.69
20 Day High184.25
20 Day Low154.69
52 Week High206
52 Week Low49.43
CS1 End172.1
CR1 Start194.18
Volume & EV
DER(3)0%
DER(5)1.5%
Volume1.57M
Volume Incr-9.1%
Vol(5)2.05M
Vol(50)2.74M
ALBEMARLE CORP / ALB TA FAQ
What is the ChartMill technical rating of ALBEMARLE CORP (ALB) stock?
ChartMill assigns a technical rating of 10 / 10 to ALB.
What is the current trend direction of ALBEMARLE CORP (ALB) stock?
The current trend direction for ALBEMARLE CORP (ALB) is Bullish.
What is the RSI signal for ALB stock?
ALBEMARLE CORP (ALB) has an RSI value of 56.698. This indicates that the stock is currently neutral.
What is the MACD signal for ALBEMARLE CORP (ALB) stock?
The MACD indicator for ALBEMARLE CORP (ALB) has a value of 1.65049, indicating a bullish trend.
Can you provide the short term momentum for ALBEMARLE CORP?
The short term momentum for ALBEMARLE CORP (ALB) is positive.