The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 8/22/2025 -
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Albemarle Corp (ALB) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Price is near the Fibonacci 38.2% retracement level
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It was the negative week for the Albemarle Corp (ALB). During the week, the ALB dropped -0.85 points, or -1.03%, and closed at 81.34 on Friday, August 22, 2025. Weekly volume was 15% 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 downtrend resistance line (17.66) 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 long-term trend.

Medium-term trend: [See ALB medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 49.43 and reached 87.45 on August 11, 2025. ALB gained -38.02 points, or -76.92%, in 17 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 66.89 and resistance is at 95.66. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ALB weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 August 12, 2025 at 75.44 and reached 84.79 on August 18, 2025. ALB gained -9.35 points, or -12.39%, in 6 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See ALB daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since August 11, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.43
Williams' Percentage Range (W%R) 45.00
Lane's Stochastic (%D-Slow) 54.71
Greed/Fear Indicator (GFI) 60.06
Moving Average Converg./Diverg. (MACD) 2.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.77
Williams' Percentage Range (W%R) 26.60
Lane's Stochastic (%D-Slow) 69.42
Greed/Fear Indicator (GFI) 67.29
Moving Average Converg./Diverg. (MACD) -4.08
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 95.66
Upper Bollinger Band 88.51
Price 81.34
Daily Stochastic Crossing 80.22
Weekly Stochastic Crossing 77.81
Parabolic System 76.59
20 Day Moving Average 75.34
50 Day Moving Average 71.17
Quarterly Trendline Support 66.89
Lower Bollinger Band 65.52
Sector and Industry
Description Name Rank
Sector Materials 5
Industry Specialty Chemicals 45
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 75.44
Low Date 08/12/2025
High 84.79
High Date 08/18/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 87.45
High Date 08/11/2025
Low 75.44
Low Date 08/12/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.95
Low Date 08/01/2025
High 87.45
High Date 08/11/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 95.66
Support 66.89
Low 49.43
Low Date 04/08/2025
High 87.45
High Date 08/11/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 37.51
Support 17.66
High 334.55
High Date 11/11/2022
Low 49.43
Low Date 04/08/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.