ALB, Albemarle Corp.

Context Technical Analysis

In the last few days ALB turned up and above its 10- 20- and 50-day moving average.

In addition to this, ALB broke above the lower resistance line and is currently moving in a strong bullish trend on the upper Bollinger Band.

Momentum

MACD is moving up, just above its Signal Line.

Relative Strength

The Relative Strength of ALB is moving up and above its 20-day moving average.

Higher Time Frame

From ALB's weekly chart below, we can see:

· ALB has moved above its 10- 20- and 50-week moving average

· ALB also broke above the yellow resistance line.

· The MACD is rising and it’s just above its signal line

· ALB’s Relative Strength is moving up and above its 20-day moving average.