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Albemarle Crosses Above its 10-day MA (ALB)

By James Quinn

Today, shares of Albemarle (NYSE:ALB) have advanced above their 10-day MA of $82.06 on a volume of 144K 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 $87.29 and are now at $82.18, which is 99% 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 tracking the current trend status for Albemarle and will alert subscribers who have ALB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses albemarle

Ticker(s): ALB