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Specialty Chemicals Industry Stocks Technical Analysis - ALBArchive - 3/21/2025 - 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 a first positive week after 4 consecutive negative weeks for the Albemarle Corp (ALB). During the week, the ALB gained 2.33 points, or 3.10%, and closed at 77.56 on Friday, March 21, 2025. ALB was trading at average weekly trading volume.
Long-term trend: [See ALB long-term trend chart] A long-term downtrend had started on November 11, 2022 at 334.55 and reached 67.23 on March 4, 2025. ALB lost 267.32 points, or 79.90%, in 120 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (81.61). 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 long-term trend.
Medium-term trend: [See ALB medium-term trend chart] A medium-term downtrend had started on December 9, 2024 at 113.91 and reached 67.23 on March 4, 2025. ALB lost 46.68 points, or 40.98%, in 12 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (61.65) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ALB may retest the broken resistance line. It is considered to be a support 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 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. During the last week, weekly 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 weekly MACD line is below its signal line since January 17, 2025. 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 March 19, 2025 at 80.15 and reached 75.13 on March 21, 2025. ALB lost 5.02 points, or 6.26%, in 2 days. The price is now at the 48.41% retracement level.
Daily Technical Indicators: [See ALB daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is above its signal line since March 13, 2025. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Materials |
5 |
Industry |
Specialty Chemicals |
57 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
80.15 |
High Date |
03/19/2025 |
Low |
75.13 |
Low Date |
03/21/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
80.15 |
High Date |
03/19/2025 |
Low |
75.13 |
Low Date |
03/21/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Ascending Triangle |
Status |
Valid |
Resistance |
80.30 |
Support |
75.51 |
Low |
67.23 |
Low Date |
03/04/2025 |
High |
80.15 |
High Date |
03/19/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Broken Resistance |
Resistance |
74.53 |
Support |
61.65 |
High |
113.91 |
High Date |
12/09/2024 |
Low |
67.23 |
Low Date |
03/04/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Test Resistance |
Resistance |
81.61 |
Support |
26.58 |
High |
334.55 |
High Date |
11/11/2022 |
Low |
67.23 |
Low Date |
03/04/2025 |
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