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Albemarle Corp Bearish Moving Average Crossover Alert (ALB)

By Nick Russo

Albemarle Corp (NYSE:ALB) shares have crossed bearishly below their 10-day moving average of $70.22 on a volume of 120K 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, shares of Albemarle Corp have traded between a low of $63.10 and a high of $108.74 and are now at $70.03, which is 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.5%.

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