SmarTrend identified an Uptrend for Albemarle (NYSE:ALB) on October 19th, 2012 at $55.58. In approximately 3 months, Albemarle has returned 15.50% as of today's recent price of $64.19.

In the past 52 weeks, Albemarle share prices have been bracketed by a low of $50.88 and a high of $68.51 and are now at $64.19, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

Albemarle Corporation produces specialty and fine chemicals. The Company's chemicals are additives to or intermediates for plastics, polymers and elastomers, cleaning products, agricultural compounds, pharmaceuticals, photographic chemicals, drilling compounds, and biocides. Albemarle produces the majority of its products in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Albemarle shares.

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