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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Albemarle Corporation (NYSE:ALB)

Sidelines Mode (-55) - ALB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ALB?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ALB
Open High Low ALB Price Change
128.9800 131.6799 127.2700 130.2500 +1.4500
Entry Signal

MarketClub’s Trade Triangles for ALB

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 179.28

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 111.17

short term up The short-term trend has been UP since Mar 27th, 2024 at 125.13

Smart Scan Analysis for ALB

Based on our trend formula, ALB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ALB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.9800 131.6799 127.2700 130.2500 +1.4500
Prev. Close Volume Bid Ask Time
128.8000 1074316 2024-03-28 12:22:21
Year High138.67Year High Date2018-01-08
Year Low86.75Year Low Date2018-04-04
52wk High247.4452wk High Date2023-07-11
52wk Low106.6952wk Low Date2024-03-05
Year End Close62.12Average Volume4,578,790
Shares Outstanding117,403Short Interest1,491,296
% Institutional82Market Cap7,339M
Assets182,706,520MLiabilities885,847,200M
P/E Ratio9.6407Beta1.79
Volatility33.88
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