Albemarle Crosses Above its 10-day MA (ALB)
Albemarle (NYSE:ALB) shares have crossed bullishly above their 10-day moving average of $80.73 on a volume of 432K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Albemarle have traded between a low of $41.37 and a high of $84.99 and are now at $81.90, which is 98% above that low price. The 200-day and 50-day moving averages have moved 0.53% higher and 1.73% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Albemarle. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Albemarle in search of a potential trend change.
Keywords: moving crosses albemarle