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.

Archive
- 3/13/2026 -
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Albemarle Corp (ALB) Technical Analysis

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Summary:
Weekly :Overbought sectorPrice is near the Fibonacci 38.2% retracement level
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold area
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It was the negative week for the Albemarle Corp (ALB). During the week, the ALB dropped -4.07 points, or -2.51%, and closed at 158.22 on Friday, March 13, 2026. Weekly volume was -47% below average.

ALB is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See ALB medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 49.43 and reached 206.00 on February 25, 2026. ALB gained -156.57 points, or -316.75%, in 46 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 97.24 and resistance is at 216.16. 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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See ALB short-term trend chart]
A short-term downtrend had started on March 10, 2026 at 173.64 and reached 156.34 on March 13, 2026. ALB lost 17.30 points, or 9.96%, in 3 days. The price is now at the 10.87% retracement level.

Daily Technical Indicators: [See ALB daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since March 2, 2026. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.05
Williams' Percentage Range (W%R) 84.40
Oversold
Lane's Stochastic (%D-Slow) 25.82
Greed/Fear Indicator (GFI) 26.48
Moving Average Converg./Diverg. (MACD) 0.32
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.94
Williams' Percentage Range (W%R) 35.50
Lane's Stochastic (%D-Slow) 52.02
Greed/Fear Indicator (GFI) 56.90
Moving Average Converg./Diverg. (MACD) 21.77
Trading Signals
Description Value Chart
Upper Bollinger Band 187.29
Parabolic System 187.05
Weekly Stochastic Crossing 181.00
20 Day Moving Average 171.54
50 Day Moving Average 170.10
Daily Stochastic Crossing 160.83
Price 158.22
Lower Bollinger Band 150.78
Sector and Industry
Description Name Rank
Sector Materials 10
Industry Specialty Chemicals 79
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 173.64
High Date 03/10/2026
Low 156.34
Low Date 03/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 173.64
High Date 03/10/2026
Low 156.34
Low Date 03/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 206.00
High Date 02/25/2026
Low 156.34
Low Date 03/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 216.16
Support 97.24
Low 49.43
Low Date 04/08/2025
High 206.00
High Date 02/25/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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.