Technical Analysis for ALB - Albemarle Corporation

Grade Last Price % Change Price Change
C 122.59 -0.96% -1.19
ALB closed down 0.96 percent on Friday, May 31, 2024, on 1.42 times normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish -0.96%
Bollinger Band Squeeze Range Contraction -0.96%
NR7 Range Contraction -0.96%
NR7-2 Range Contraction -0.96%
Stochastic Reached Oversold Weakness -0.96%

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Profile

Albemarle Corporation Description

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals. The company's Polymer Solutions segment provides brominated, mineral, and phosphorus based flame retardants used in plastic enclosures for consumer electronics, printed circuit boards, wire and cable, electrical connectors, textiles, and foam insulation; and plastic and other additives, such as curatives, antioxidants, and stabilizers. Its Catalysts segment offers refinery catalysts, including hydroprocessing catalysts, fluidized catalytic cracking catalysts, and additives; organometallic co-catalysts, and metallocene components and co-catalysts for the manufacture of commodity and specialty plastics used in packaging, non-packaging, films, and injection molding; electronic materials, such as high purity metal organic products used in the production of light emitting diodes, as well as other products used in the production of solar cells; and chemical catalysts used in the production of ethylene dichloride and methylamines. The company's Fine Chemistry segment provides elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and bromine fine chemicals used in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, paper manufacturing, water purification, and beef and poultry processing. This segment also offers tertiary amines for surfactants, biocides, disinfectants, and sanitizers; potassium-based products for industrial applications; alkenyl succinic anhydride used in paper-sizing formulations; and aluminum oxides used in various refractory, ceramic, and polishing applications. In addition, it supplies fine chemistry products and performance chemicals for pharmaceutical and agricultural use, as well as provides custom manufacturing, research, and chemical scale-up services for companies. Albemarle Corporation was founded in 1993 and is based in Baton Rouge, Louisiana.


Classification

Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: S&P 500 Chemical Oil And Gas Consumer Electronics Plastic Textiles Lithium Chloride Printed Circuit Board Light Emitting Diodes Beef Refinery Diodes Potassium Amines Disinfectant Electrical Connector Fine Chemical Solar Cells Well Drilling Speciality Chemicals Surfactant Catalysts Mercury Chemical Synthesis Flame Retardant Performance Chemicals Antioxidant Biocides Organic Products Oxides Catalysis Phosphorus Antioxidants Bromine Polymer Solution

Is ALB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 245.4158
52 Week Low 106.3507
Average Volume 2,483,151
200-Day Moving Average 137.02
50-Day Moving Average 124.43
20-Day Moving Average 128.51
10-Day Moving Average 126.25
Average True Range 5.03
RSI (14) 45.36
ADX 10.49
+DI 19.40
-DI 24.97
Chandelier Exit (Long, 3 ATRs) 122.40
Chandelier Exit (Short, 3 ATRs) 132.45
Upper Bollinger Bands 135.39
Lower Bollinger Band 121.64
Percent B (%b) 0.07
BandWidth 10.70
MACD Line 0.03
MACD Signal Line 1.01
MACD Histogram -0.9754
Fundamentals Value
Market Cap 14.39 Billion
Num Shares 117 Million
EPS 28.22
Price-to-Earnings (P/E) Ratio 4.34
Price-to-Sales 1.37
Price-to-Book 1.37
PEG Ratio 1.09
Dividend 1.60
Dividend Yield 1.31%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 130.23
Resistance 3 (R3) 130.29 127.79 128.96
Resistance 2 (R2) 127.79 125.85 127.77 128.53
Resistance 1 (R1) 125.19 124.64 123.95 125.14 128.11
Pivot Point 122.70 122.70 122.08 122.67 122.70
Support 1 (S1) 120.10 120.75 118.85 120.04 117.07
Support 2 (S2) 117.60 119.55 117.58 116.65
Support 3 (S3) 115.00 117.60 116.22
Support 4 (S4) 114.95