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Uptrend SupportArchive - 4/25/2025 - 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 4.82 points, or 9.11%, and closed at 57.73 on Friday, April 25, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 13% 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 19.32 and resistance is at 71.63. 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 trend support level is at 51.34 and resistance is at 71.08. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See ALB weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Relative Strength Index, Williams' Percentage Range and 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 links to access Lane's Stochastic, Relative Strength Index 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 uptrend had started on April 8, 2025 at 49.43 and reached 62.09 on April 9, 2025. ALB gained -12.66 points, or -25.61%, in 1 days. The price is now at the 34.44% retracement level.
Daily Technical Indicators: [See ALB daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. The distance between the Bollinger Bands is 109.92% higher then one year average. It indicates the period of high 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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