ALBEMARLE CORP (ALB) Stock Technical Analysis
NYSE:ALB - New York Stock Exchange, Inc. - US0126531013 - Common Stock - Currency: USD
Overall ALB gets a technical rating of 0 out of 10. ALB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than ALB.
ALB is one of the lesser performing stocks in the Chemicals industry. 77% of 85 stocks in the same industry do better.
ALB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ALB is lagging the market.
In the last month ALB has a been trading in the 55.48 - 63.64 range, which is quite wide. It is currently trading near the lows of this range.
ALB has an average volume of 3380370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
57.03
86.65
We can see 3 important resistance areas.
- A resistance zone ranging from 58.73 to 60.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.87 to 62.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @85.79 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ALB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALB is down. |
| ChartMill Relative Strength | 8.43 | NEGATIVE | ALB has a low relative strength, it was outperformed by 91.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.16 | NEUTRAL | The RSI value for ALB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ALB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.08 | NEUTRAL | The Stochastics value for ALB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ALB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for ALB suggests a weak or negative trend. |
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)
57.61
-0.33 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.57%
1 Week-4.32%
2 Weeks-0.55%
1 Month-0.21%
3 Month-29.05%
6 Month-46.84%
12 Month-54.85%
2 Year-70.23%
3 Year-77.88%
5 Year-24.71%
10 Year-4.22%
15 Year33.79%
Volatility
ATR(14)2.52
ATR(20)%4.69%
ATR Inc-19.09%
Range Today1.59
ADR(20)2.41
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.43
Mansfield-3.46
10 Day High63.64
10 Day Low55.48
20 Day High63.64
20 Day Low55.48
52 Week High129.5
52 Week Low49.43
CS1 EndN/A
CR1 Start58.73
Volume & EV
DER(3)-1.9%
DER(5)0.24%
Volume2.71M
Volume Incr-12.05%
Vol(5)2.92M
Vol(50)3.38M