ALB Drops to Extreme Oversold at $128.42
Bullish
Jul 10, 2026 at 1:09 AM
•
$128.42
(-0.75%)
The stock of Albemarle Corp (ALB) dropped 0.75% to close at $128.42 on July 10.
Chart analysis reveals a bearish configuration:
Moving Averages
Price sits below both the 9-day ($134.31) and 21-day ($144.42) EMAs, suggesting short-term weakness.
Momentum
RSI at 28.7 is approaching oversold territory, which may present buying opportunities. MACD reads -10.88 against its -10.06 signal line (bearish).
Volatility
Bollinger Band width at 39.8% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $117.11.
Watch $117.11 as support and $175.34 as resistance.