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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Albemarle Corporation (NYSE:ALB)

Bear Market Rally (-75) - ALB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALB as it may be in the beginning of a reversal.

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
126.76 126.76 122.67 122.94 -3.54
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 up The intermediate-term trend has been UP since May 6th, 2024 at 130.9300

short term down The short-term trend has been DOWN since May 15th, 2024 at 129.0567

Smart Scan Analysis for ALB

Based on our trend formula, ALB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ALB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.76 126.76 122.67 122.94 -3.54
Prev. Close Volume Bid Ask Time
126.48 1540969 2024-05-23 15:59:57
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 Volume2,420,976
Shares Outstanding117,403Short Interest1,491,296
% Institutional82Market Cap7,339M
Assets190,323,330MLiabilities749,953,100M
P/E Ratio45.6606Beta1.79
Volatility33.88
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