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Archive - 5/23/2025 - 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 the negative week for the Albemarle Corp (ALB). During the week, the ALB dropped -2.60 points, or -4.32%, and closed at 57.61 on Friday, May 23, 2025. Weekly volume was 8% above average.
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. The chart has formed a Falling Wedge chart pattern. The trend support level is at 13.27 and resistance is at 63.31. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern 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 49.43 on April 8, 2025. ALB lost 64.48 points, or 56.61%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (56.05). 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 January 17, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend 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 May 12, 2025 at 63.64 and reached 55.48 on May 22, 2025. ALB lost 8.16 points, or 12.82%, in 10 days. The price is now at the 26.10% 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. The daily MACD line is above its signal line since April 23, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 10.97% on Friday. It is 53.41% lower than one year average. It indicates the period of low volatility of the stock price. 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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