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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

Albemarle Corporation (NYSE:ALB)

Crossroads (+60) - ALB is struggling to move into a solid trend. Beware of choppy markets 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.

Open High Low ALB Price Change
203.65 210.17 202.46 208.25 +12.71
Entry Signal

MarketClub’s Trade Triangles for ALB

long term down The long-term trend has been DOWN since Dec 19th, 2022 at 231.670

intermediate term up The intermediate-term trend has been UP since May 15th, 2023 at 201.675

short term up The short-term trend has been UP since Jun 2nd, 2023 at 206.030

Smart Scan Analysis for ALB

Based on our trend formula, ALB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ALB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
203.65 210.17 202.46 208.25 +12.71
Prev. Close Volume Bid Ask Time
195.54 1897364 2023-06-02 15:59:57
Year High138.67Year High Date2018-01-08
Year Low86.75Year Low Date2018-04-04
52wk High334.549952wk High Date2022-11-11
52wk Low171.8252wk Low Date2023-04-21
Year End Close62.12Average Volume2,365,867
Shares Outstanding117,336Short Interest1,491,296
% Institutional82Market Cap7,339M
P/E Ratio6.2693Beta1.79
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