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Downtrend Broken Resist.Archive - 8/22/2025 - Sign In to see current Signals. |
Albemarle Corp (ALB) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | 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.
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