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Downtrend Broken Resist.Archive
- 2/6/2026 -
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Albemarle Corp (ALB) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Albemarle Corp (ALB). During the week, the ALB dropped -7.26 points, or -4.25%, and closed at 163.37 on Friday, February 6, 2026. Weekly volume was -17% 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 195.69 on January 27, 2026. ALB gained -146.26 points, or -295.89%, in 42 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (91.61) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 Lane's Stochastic help.
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 relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 January 27, 2026 at 195.69 and reached 156.04 on February 5, 2026. ALB lost 39.65 points, or 20.26%, in 9 days. The price is now at the 18.49% retracement level.
 Daily Technical Indicators: [See ALB daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is below its signal line since January 29, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
 Candlestick pattern: [See ALB candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.
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