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Specialty Chemicals Industry Stocks Technical Analysis - ALBArchive - 6/5/2026 - 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 -20.98 points, or -11.89%, and closed at 155.44 on Friday, June 5, 2026. Weekly volume was -39% below average.
Long-term trend: [See ALB long-term trend chart] A long-term uptrend had started on April 8, 2025 at 49.43 and reached 221.00 on May 7, 2026. ALB gained -171.57 points, or -347.10%, in 56 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (178.13) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ALB may retest the broken support line. It is considered to be a resistance line now. 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 support in a long-term trend.
Medium-term trend: [See ALB medium-term trend chart] A medium-term downtrend had started on May 7, 2026 at 221.00 and reached 155.13 on June 5, 2026. ALB lost 65.87 points, or 29.81%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (157.78). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See ALB weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. 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 May 27, 2026 at 180.26 and reached 155.13 on June 5, 2026. ALB lost 25.13 points, or 13.94%, in 9 days. Price is near the trend low.
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 Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since May 13, 2026. This is an indication that the short-term trend is down. 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.
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