ALBEMARLE CORP (ALB)

US0126531013 - Common Stock

103.51  -4.72 (-4.36%)

After market: 103.79 +0.28 (+0.27%)

Technical Rating and Analysis

0

Overall ALB gets a technical rating of 0 out of 10. ALB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than ALB.
ALB is one of the lesser performing stocks in the Chemicals industry. 86% of 84 stocks in the same industry do better.
ALB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ALB has a been trading in the 103.32 - 134.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ALB has an average volume of 2442570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ALB Weekly chart
ALB Daily chart
Setup Rating and Analysis

1

The technical rating of ALB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

102.47

133.06

3 important resistance areas can be observed.

  • A resistance zone ranging from 118.65 to 122.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @126.87 from a trend line in the weekly time frame.
  • A resistance zone ranging from 130.28 to 131.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.09
Mansfield-4.02
10 Day High124.84
10 Day Low103.32
20 Day High134.75
20 Day Low103.32
52 Week High247.44
52 Week Low103.32
Performance
1 Week-9.94%
2 Weeks-15.56%
1 Month-19.88%
3 Month-15.25%
6 Month-29.61%
12 Month-54.63%
2 Year-50.47%
3 Year-38.56%
5 Year47.01%
10 Year44.77%
15 Year304.81%
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)-1.89
RSI(14)24.54
LBB104.62
UBB129.8
ALB Daily chart

ALBEMARLE CORP

NYSE:ALB (6/14/2024, 7:04:00 PM)

After market: 103.79 +0.28 (+0.27%)

103.51

-4.72 (-4.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-4.36%
1 Week-9.94%
2 Weeks-15.56%
1 Month-19.88%
3 Month-15.25%
6 Month-29.61%
12 Month-54.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.07
ATR(20)%4.15%
ATR Inc
Range Today5.27
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 High124.84
10 Day Low103.32
20 Day High134.75
20 Day Low103.32
52 Week High247.44
52 Week Low103.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.91M
Volume Incr35.44%
Vol(5)2.91M
Vol(50)2.44M