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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Albemarle Corporation (NYSE:ALB)
Strong Downtrend (-100) - ALB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALB continues to fall. Traders should use caution and set stops.
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 179.28
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 117.28
The short-term trend has been DOWN since Apr 12th, 2024 at 125.10
Smart Scan Analysis for ALB
Based on our trend formula, ALB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 111.68 | 114.75 | 111.27 | 112.17 | +0.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 111.80 | 1541570 | 2024-04-19 15:59:36 |
| Year High | 138.67 | Year High Date | 2018-01-08 |
| Year Low | 86.75 | Year Low Date | 2018-04-04 |
| 52wk High | 247.44 | 52wk High Date | 2023-07-11 |
| 52wk Low | 106.69 | 52wk Low Date | 2024-03-05 |
| Year End Close | 62.12 | Average Volume | 2,765,777 |
| Shares Outstanding | 117,403 | Short Interest | 1,491,296 |
| % Institutional | 82 | Market Cap | 7,339M |
| Assets | 182,706,520M | Liabilities | 885,847,200M |
| P/E Ratio | 8.3683 | Beta | 1.79 |
| Volatility | 33.88 |