ALB

Albemarle CorporationMaterials

$170.60+0.23%

Double Bottom Falling Wedge Rounding Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$170.60

MARAPRMAY

Is ALB a Buy?

Traders are watching this Double Bottom on ALB. Inspect the chart now.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$221.00

Stop

$193.33

Target

$276.33

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

Technical analysis of Albemarle Corporation (ALB) reveals a significant setup. With a last close of $170.6, volatility remains active (0.23%). Algorithmically, a Double Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $221.0, targeting $276.33 with support near $193.33 (R:R 2.0).

Community Sentiment

What is your outlook on ALB?

Explore Related Markets

Peer Analysis

Lin Rectangle Amcr Bearish Flag Ctva Descending Triangle Ip Diamond Lyb Descending Triangle

Pattern Peers

Sbac Double Bottom Wmt Double Bottom Ape Double Bottom Intu Double Bottom De Double Bottom