|
|
Downtrend Broken Resist.Archive - 3/20/2026 - Sign In to see current Signals. |
Albemarle Corp (ALB) Technical Analysis
|
 |
| 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 gave back -1.52 points, or -0.96%, and closed at 156.70 on Friday, March 20, 2026. Weekly volume was -49% 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 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 98.30 and resistance is at 219.95. 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 long-term trend.
Medium-term trend: [See ALB medium-term trend chart] A medium-term downtrend had started on February 25, 2026 at 206.00 and reached 154.69 on March 20, 2026. ALB lost 51.31 points, or 24.91%, in 3 weeks. Price is near the trend low.
Weekly Technical Indicators: [See ALB weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 18, 2026 at 170.06 and reached 154.69 on March 20, 2026. ALB lost 15.37 points, or 9.04%, in 2 days. The price is now at the 13.08% 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. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 link to access 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
| |
|
|