Trading Signals: ALB Stock Price Prediction and Forecast

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Tue. Nov. 10, 2020

Trading Signals: ALB Stock Price Prediction and Forecast (Mon. Oct. 12, 2015 - Fri. Dec. 22, 2023)

(Albemarle Corporation)
ALB latest price $117.9300 (1.03%) ($113.0700 - $118.3000) on Tue. Nov. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.58% (three month average)
RSI   72
Latest Price   $117.9300(1.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALB advances 3.9% a day on average for past five trading days.
Weekly Trend   ALB advances 7.9% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ALB advance at 0% a week (0% probability)
ACES(63%)    LIT(53%)    DRIV(50%)    REMX(49%)    IWM(46%)
Factors Impacting ALB price   ALB will decline at least -1.79% in a week (0% probabilities).
VIXM(-27%)    UUP(-17%)    VXX(-6%)    TLT(-6%)    EDOC(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.79% (StdDev 3.58%)
Hourly BBV 0.6 ()
Intraday Trend 1.7%

5 Day Moving Average   $109.16(8.03%)
10 Day Moving Average   $102.38(15.19%)
20 Day Moving Average   $98.53(19.69%)
To recent high   0%
To recent low   46.6%
Market Cap   $12.54b

Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.

$. ALB price fluctuates within 7.87% (three month std-dev: 3.58%) daily (68% of days).

Sample size 43 Average positive next day return: 2.93%(44%) Average negative next day return: -1.74%(56%) Sample size 43 Average positive next three day return: 11.21%(42%) Average negative next three day return: -3.93%(58%) Sample size 43 Average positive next weekly return: 9.5%(44%) Average negative next weekly return: -4.9%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201210

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_10_2020	90.19	98.53	102.38	109.16	110.42	116.57	117.93(1.03%)	UT	OpenLong	75	1.1	136	420	121	180	1.23	65%	0.47	49.2	3.58%	0.6	2.5	72	1.7
2	Nov_9_2020	89.77	97.29	99.97	105.1	105.18	112.56	116.73(4.02%)	UT	OpenLong	75	1.8	176	490	178	168	2.14	65%	0.44	42.7	3.6%	1.1	3.1	73	1.4
3	Nov_6_2020	89.38	96.1	97.59	101.12	100.33	104.26	112.22(6.37%)	UT	OpenLong	75	2.4	134	250	139	119	2.61	60%	0.38	34.7	3.57%	1.4	3.5	71	1.7
4	Nov_5_2020	89.04	95.19	95.84	97.32	97.21	97.8	105.5(12.92%)	UT	OpenLong	75	2.9	50	40	49	51	3.23	58%	0.29	29.7	3.58%	2.1	3.7	65	1
5	Nov_4_2020	88.78	94.7	94.68	94.97	95.35	96.41	93.43(-4.29%)	UD	OpenLong	75	-0.9	9	90	7	13	1.66	52%	0.17	38.7	3.25%	-1.7	-0.8	49	0.8

6	Nov_3_2020	88.63	94.86	94.93	94.44	94.57	96.62	97.62(0.81%)	UT	OpenLong	75	2	47	160	53	28	0.96	55%	0.24	50.6	3.22%	1.1	1.7	56	-0.6
7	Nov_2_2020	88.42	94.65	94.5	93.96	93.15	94.29	96.84(3.89%)	UT	OpenLong	75	1.9	26	60	31	11	0.92	55%	0.23	67.7	3.22%	1.3	1.5	53	-1.4
8	Oct_30_2020	88.22	94.53	94.06	93.48	93.06	92.52	93.21(-0.6%)	DT	OpenShort	-75	-0.1	-3	-50	0	-11	1.27	52%	0.22	74.3	3.19%	0.1	-0.7	46	-1.7
9	Oct_29_2020	88.03	94.37	94.1	94.14	93.43	92.01	93.77(3.29%)	DP	OpenShort	-75	-0.2	-33	-130	-36	-23	0.82	52%	0.11	73.2	3.19%	0.4	-0.2	44	-1.4
10	Oct_28_2020	87.93	94.07	94.16	94.38	94.43	93.61	90.78(-4.62%)	DT	OpenShort	-75	-1.4	-32	-60	-34	-24	0.98	50%	0.07	76.8	3.17%	-1.2	-1.3	33	-2.6

11	Oct_27_2020	87.87	94.03	94.58	95.39	95.28	94.84	95.18(0.74%)	DP	OpenShort	-75	-0.1	-5	-40	-5	-5	0.99	54%	0.09	93.6	3.13%	0.2	0.4	43	-0.5
12	Oct_26_2020	87.79	93.65	94.56	95.07	95.35	95.25	94.48(-2.07%)	DT	OpenShort	-75	-0.2	-5	0	-4	-6	0.95	54%	0.11	66.3	3.13%	-1.1	0.2	54	-0.4
13	Oct_23_2020	87.69	93.21	94.61	94.69	95.24	95.72	96.48(1.6%)	N/A	N/A	0	0.5	12	50	16	-2	0.64	54%	0.19	44.7	3.12%	1.5	0.8	55	1.1
14	Oct_22_2020	87.52	92.63	94.52	94.08	94.46	95.45	94.96(-0.95%)	UD	OpenLong	75	0.2	11	90	14	2	0.67	54%	0.18	22.5	3.12%	-0.3	0.5	68	1.2
15	Oct_21_2020	87.36	92.08	94.69	93.95	94.28	94.76	95.87(2.47%)	UT	OpenLong	75	0.4	27	50	28	25	0.79	54%	0.21	3.4	3.11%	1.2	0.8	75	0.9

16	Oct_20_2020	87.18	91.35	94.74	93.7	93.71	93.47	93.56(1.07%)	N/A	N/A	0	-0	0	-20	-7	22	0.7	54%	0.18	-13.9	3.1%	-0.1	0.5	62	0.6
17	Oct_19_2020	87.02	91.4	94.79	94.01	93.68	93.81	92.57(-0.91%)	UD	OpenLong	65	-0.3	3	-0	-9	39	0.64	54%	0.18	-15.1	3.11%	-1.5	0.2	66	0.7
18	Oct_16_2020	86.86	91.5	95.03	94.49	94.07	93.96	93.42(-0.99%)	UD	OpenLong	75	-0.2	17	-20	-0	68	0.66	54%	0.21	-14.7	3.12%	-0	0.4	71	1.4
19	Oct_15_2020	86.68	91.68	94.7	95.01	94.42	93.55	94.35(-0.25%)	UD	OpenLong	65	-0.1	2	-80	-23	77	0.92	54%	0.22	-9	3.11%	0.4	0.5	74	1.6
20	Oct_14_2020	86.49	91.92	94.02	95.53	95.36	94.19	94.59(-0.58%)	UD	OpenLong	65	-0.2	1	-90	-29	90	1.07	54%	0.23	-0.8	3.13%	-0.2	0.5	76	2

21	Oct_13_2020	86.29	92.03	93.52	95.95	96.29	95.29	95.14(0.21%)	UD	OpenLong	65	-0.1	13	-60	-22	119	0.86	54%	0.1	3.1	3.15%	0	0.5	81	2.1
22	Oct_12_2020	86.2	92.14	92.74	95.67	96.75	96.53	94.94(-1.14%)	UD	OpenLong	65	-0.1	19	20	-10	107	0.8	54%	0.33	5.7	3.17%	0	0.5	50	2.7
23	Oct_9_2020	85.92	92.26	91.78	95.63	96.57	97.29	96.03(-0.95%)	UD	OpenLong	75	0.1	43	80	23	101	0.77	56%	0.33	8.3	3.2%	0	0.7	51	2.6
24	Oct_8_2020	85.64	92.17	90.64	94.29	95.58	96.96	96.95(0.27%)	UT	OpenLong	75	0.5	59	140	54	72	1.13	56%	0.35	3.2	3.22%	0	0.8	48	1.7
25	Oct_7_2020	85.34	91.96	89.27	92.24	93.14	95.85	96.69(3.15%)	UT	OpenLong	75	0.8	45	230	54	16	1.13	54%		-11.5	3.22%	0	0.8	45	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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