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Bullish Moving Average Cross by Albemarle Corp (ALB)

By Shiri Gupta

Albemarle Corp (NYSE:ALB) crossed over its 10-day moving average of $69.51 on a volume of 178K 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.

Albemarle Corp share prices have moved between a 52-week high of $108.74 and a 52-week low of $63.10 and are now trading 12% above that low price at $70.46 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.2%.

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