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30.0% Return Seen to Date on SmarTrend Albemarle Call (ALB)

By David Diaz

SmarTrend identified an Uptrend for Albemarle (NYSE:ALB) on September 22nd, 2016 at $81.36. In approximately 6 months, Albemarle has returned 30.00% as of today's recent price of $105.76.

Albemarle share prices have moved between a 52-week high of $106.53 and a 52-week low of $41.37 and are now trading 156% above that low price at $105.76 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.7%.

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.

Log in and add Albemarle (ALB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights albemarle

Ticker(s): ALB