|
Specialty Chemicals Industry Stocks Technical Analysis - ALBArchive - 6/6/2025 - Sign In to see current Signals. |
Albemarle Corp (ALB) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Albemarle Corp (ALB). During the week, the ALB gained 4.07 points, or 7.30%, and closed at 59.83 on Friday, June 6, 2025. It was the best weekly gain since April 25, 2025. Weekly volume was 19% above average.
Long-term trend: [See ALB long-term trend chart] A long-term downtrend had started on November 11, 2022 at 334.55 and reached 49.43 on April 8, 2025. ALB lost 285.12 points, or 85.22%, in 125 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (59.56). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See ALB medium-term trend chart] A medium-term downtrend had started on December 9, 2024 at 113.91 and reached 49.43 on April 8, 2025. ALB lost 64.48 points, or 56.61%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (34.43) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See ALB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 17, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See ALB short-term trend chart] A short-term uptrend had started on June 3, 2025 at 53.70 and reached 62.18 on June 5, 2025. ALB gained -8.48 points, or -15.79%, in 2 days. The price is now at the 27.71% retracement level.
Daily Technical Indicators: [See ALB daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|