Bullish Moving Average Cross by Albemarle (ALB)
Albemarle (NYSE:ALB) shares have crossed bullishly above their 10-day moving average of $82.24 on a volume of 106K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Albemarle has traded in a range of $41.37 to $87.29 and is now at $83.03, 101% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.7%.
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