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Albemarle Corp Bullish Moving Average Crossover Alert (ALB)

By Nick Russo

Albemarle Corp (NYSE:ALB) shares have crossed bullishly above their 10-day moving average of $95.08 on a volume of 216K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Albemarle Corp have traded between a low of $86.75 and a high of $144.99 and are now at $95.98, which is 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has remained constant.

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