Stock Analysis: Albemarle Corp (ALB)

Stock Analysis for Albemarle Corp (ALB)

The Interpreter
Hey Friend, I'm analysing ALBEMARLE CORP (ALB), and it is between the Support of $ 116.36 (100% of Fibonacci) and the Resistance of $ 120.48 (PivotR1). The stock is falling and may come close and reach $ 116.36 soon.

Albemarle Corp (ALB)

$ 119.01 -1.1%

Last Close 01-May-24

Trade ALB Now

Supports

Next Support: $ 116.36

Pivot: $ 114.47
Fibonacci 100%: $ 116.36
Triangle Level (0): $ 103.63

Resistances

Next Resistance: $ 120.48

Pivot R1: $ 120.48
Fibonacci 61.8%: $ 149.69
Triangle Level (0): $ 139.02

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 03 Apr 2024	Buy Price: 128.87	Profit: Open Day1 ($ 130.41)	Abandoned Baby	Buy
002 22 Mar 2024	Sell Price: 120.86	Profit: Open Day1 ($ 120.58)	Abandoned Baby	Sell
003 20 Mar 2024	Buy Price: 124.45	Profit: Open Day1 ($ 125.85)	Engulfing	Buy
004 15 Mar 2024	Buy Price: 122.14	Profit: Open Day1 ($ 123.73)	Piercing Line	Buy
005 08 Mar 2024	Sell Price: 118.33	Loss: Close Day2 ($ 123.94)	Engulfing	Sell
006 14 Nov 2023	Buy Price: 125.32	Profit: Open Day1 ($ 127.17)	Abandoned Baby	Buy
007 29 Aug 2023	Buy Price: 197.75	Profit: Close Day1 ($ 198.59)	Abandoned Baby	Buy
008One Year Average	Both Sides Result for 7 Signals	Profit: $ 1.89 ($ 0.27 / Signal) +1.4% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ALB Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	119.66	SELL	2	119.71	SELL
3	121.68	SELL	3	119.79	SELL
5	119.38	SELL	5	119.25	SELL
8	117.34	BUY	8	118.66	BUY
13	116.28	BUY	13	118.74	BUY
21	120.31	SELL	21	119.55	SELL
34	121.69	SELL	34	120.62	SELL
55	122.12	SELL	55	122.16	SELL
90	124.27	SELL	90	126.26	SELL
200	145.67	SELL	200	145.93	SELL

Company Info +

Name & IPO

Albemarle Corp
IPO: 1994-02-22

Stock Ticker & Exchange

Ticker: ALBIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://www.albemarle.com/Home-3.html
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Plastic Materials, Synth Resins & Nonvulcan Elastomers

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.