Technical Analysis for ALB - Albemarle Corporation

Grade Last Price % Change Price Change
D 95.85 2.14% 2.01
ALB closed down 1.37 percent on Monday, October 21, 2024, on 74 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
Earnings due: Oct 30
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 2.14%
Narrow Range Bar Range Contraction 2.14%
Stochastic Reached Oversold Weakness 2.14%
Oversold Stochastic Weakness 2.14%
20 DMA Resistance Bearish 0.74%
Inside Day Range Contraction 0.74%
Gapped Up Strength 0.74%
Fell Below 20 DMA Bearish 1.24%
MACD Bearish Signal Line Cross Bearish -2.45%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.45%

   Recent Intraday Alerts

Alert Time
Up 2% about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
Outside Day about 1 hour ago
Up 1% about 1 hour ago
60 Minute Opening Range Breakout about 2 hours ago

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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 Printed Circuit Board Chloride Light Emitting Diodes Beef Diodes Refinery Potassium Solar Cells Amines Disinfectant Electrical Connector Fine Chemical Well Drilling Speciality Chemicals Surfactant Catalysts Mercury Chemical Synthesis Flame Retardant Performance Chemicals Antioxidant Biocides Organic Products Oxides Catalysis Phosphorus Bromine Antioxidants 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 151.7882
52 Week Low 71.6406
Average Volume 2,783,712
200-Day Moving Average 107.89
50-Day Moving Average 89.47
20-Day Moving Average 96.83
10-Day Moving Average 98.44
Average True Range 4.18
RSI (14) 48.45
ADX 18.0
+DI 23.21
-DI 24.16
Chandelier Exit (Long, 3 ATRs) 92.71
Chandelier Exit (Short, 3 ATRs) 97.98
Upper Bollinger Bands 105.66
Lower Bollinger Band 88.01
Percent B (%b) 0.33
BandWidth 18.23
MACD Line 1.81
MACD Signal Line 2.78
MACD Histogram -0.9692
Fundamentals Value
Market Cap 11.01 Billion
Num Shares 117 Million
EPS 28.22
Price-to-Earnings (P/E) Ratio 3.33
Price-to-Sales 1.37
Price-to-Book 1.37
PEG Ratio 1.09
Dividend 1.60
Dividend Yield 1.71%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 96.78
Resistance 3 (R3) 96.82 95.89 96.29
Resistance 2 (R2) 95.89 95.14 95.87 96.13
Resistance 1 (R1) 94.86 94.68 94.40 94.82 95.96
Pivot Point 93.93 93.93 93.69 93.91 93.93
Support 1 (S1) 92.90 93.18 92.44 92.86 91.72
Support 2 (S2) 91.97 92.72 91.95 91.55
Support 3 (S3) 90.94 91.97 91.39
Support 4 (S4) 90.90