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Albemarle Corp Bearish Moving Average Crossover Alert (ALB)

By Shiri Gupta

Today, shares of Albemarle Corp (NYSE:ALB) have fallen below their 10-day MA of $94.89 on a volume of 223K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Albemarle Corp share prices have been bracketed by a low of $86.75 and a high of $144.99 and are now at $94.73, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Albemarle Corp and will alert subscribers who have ALB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses albemarle corp

Ticker(s): ALB