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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Albemarle Corporation (NYSE:ALB)

Weak Downtrend (-65) - ALB is showing signs of a strengthening downtrend. Monitor ALB as it may be building momentum to the downside.

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
129.00 133.25 127.73 128.26 +2.91
Entry Signal

MarketClub’s Trade Triangles for ALB

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 179.2800

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 182.3100

short term up The short-term trend has been UP since Dec 7th, 2023 at 125.9598

Smart Scan Analysis for ALB

Based on our trend formula, ALB is rated as a -65 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
129.00 133.25 127.73 128.26 +2.91
Prev. Close Volume Bid Ask Time
127.99 4211851 2023-12-08 15:59:14
Year High138.67Year High Date2018-01-08
Year Low86.75Year Low Date2018-04-04
52wk High293.0152wk High Date2023-02-16
52wk Low11252wk Low Date2023-11-13
Year End Close62.12Average Volume3,255,251
Shares Outstanding117,353Short Interest1,491,296
% Institutional82Market Cap7,339M
P/E Ratio4.4435Beta1.79
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