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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 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.
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MarketClub’s Trade Triangles for ALB
The long-term trend has been DOWN since Sep 19th, 2023 at 179.2800
The intermediate-term trend has been UP since Aug 26th, 2024 at 90.8335
The short-term trend has been DOWN since Sep 3rd, 2024 at 86.7925
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.2400 | 81.4555 | 75.3600 | 76.8800 | -5.7200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.9000 | 3168669 | 2024-09-06 15:59:42 |
| Year High | 138.67 | Year High Date | 2018-01-08 |
| Year Low | 86.75 | Year Low Date | 2018-04-04 |
| 52wk High | 189.19 | 52wk High Date | 2023-09-11 |
| 52wk Low | 71.97 | 52wk Low Date | 2024-08-14 |
| Year End Close | 62.12 | Average Volume | 2,865,261 |
| Shares Outstanding | 117,533 | Short Interest | 1,491,296 |
| % Institutional | 82 | Market Cap | 7,339M |
| Assets | 183,882,820M | Liabilities | 716,572,300M |
| P/E Ratio | 33.8159 | Beta | 1.79 |
| Volatility | 33.88 |