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ALB
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$205.06
Change
-$4.20 (-2.01%)
Capitalization
24.03B

ALB Price Prediction, Albemarle Corp AI Recommendations

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12:00 AM EDT Jul 01, 2022

ALB's Indicator enters downward trend

The Aroon Indicator for ALB entered a downward trend on June 28, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 135 similar instances where the Aroon Indicator formed such a pattern. In 95 of the 135 cases the stock moved lower. This puts the odds of a downward move at 70%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ALB turned negative on June 09, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

ALB moved below its 50-day moving average on June 28, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ALB crossed bearishly below the 50-day moving average on June 22, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ALB's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on ALB as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ALB advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .

ALB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ALB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.124) is normal, around the industry mean (3.756). P/E Ratio (86.207) is within average values for comparable stocks, (42.450). Projected Growth (PEG Ratio) (0.501) is also within normal values, averaging (1.825). ALB has a moderately low Dividend Yield (0.008) as compared to the industry average of (0.032). P/S Ratio (6.653) is also within normal values, averaging (28.891).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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published price charts
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published Earnings

ALB is expected to report earnings to rise 21.85% to $2.90 per share on August 04

Albemarle Corp ALB Stock Earnings Reports
Q2'22
Est.
$2.90
Q1'22
Beat
by $0.74
Q4'21
Beat
by $0.01
Q3'21
Beat
by $0.28
Q2'21
Beat
by $0.05
The last earnings report on May 04 showed earnings per share of $2.38, beating the estimate of $1.64. With 1.00M shares outstanding, the current market capitalization sits at 24.03B.
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published Dividends

ALB paid dividends on July 01, 2022

Albemarle Corp ALB Stock Dividends
А dividend of $0.40 per share was paid with a record date of July 01, 2022, and an ex-dividend date of June 09, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are Dow (NYSE:DOW), DuPont de Nemours (NYSE:DD), Chemours Company (The) (NYSE:CC), Livent Corp (NYSE:LTHM).

Industry description

The specialty chemicals sector includes companies that produce chemicals and industrial gases, which are of relatively high-value, often made to customer specifications. Examples of specialty chemicals are electronic chemicals, industrial gases, coatings, adhesives and sealants, industrial and institutional cleaning chemicals. The products are often valued on the basis of their purposes/performances rather than for their composition. Linde Plc, Ecolab Inc., Air Products and Chemicals, Inc., and Dow, Inc. are some of the largest companies making specialty chemicals.

Market Cap

The average market capitalization across the Chemicals: Specialty Industry is 7.39B. The market cap for tickers in the group ranges from 26.05K to 143.5B. LIN holds the highest valuation in this group at 143.5B. The lowest valued company is PVNNF at 26.05K.

High and low price notable news

The average weekly price growth across all stocks in the Chemicals: Specialty Industry was -1%. For the same Industry, the average monthly price growth was -8%, and the average quarterly price growth was 83%. SWIOU experienced the highest price growth at 55%, while CBNT experienced the biggest fall at -31%.

Volume

The average weekly volume growth across all stocks in the Chemicals: Specialty Industry was -63%. For the same stocks of the Industry, the average monthly volume growth was -5% and the average quarterly volume growth was -30%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 61
Price Growth Rating: 67
SMR Rating: 39
Profit Risk Rating: 80
Seasonality Score: -5 (-100 ... +100)
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published General Information

General Information

a manufacturer of specialty polymers, chemicals and related products

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Chemicals Specialty
Address
4250 Congress Street
Phone
+1 980 299-5700
Employees
6000
Web
https://www.albemarle.com

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ALB and

Correlation & Price change

A.I.dvisor indicates that over the last year, ALB has been closely correlated with LTHM. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALB jumps, then LTHM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALB
1D Price
Change %
ALB100%
-1.83%
LTHM - ALB
80%
Closely correlated
-2.29%
SQM - ALB
62%
Loosely correlated
+1.36%
OLN - ALB
53%
Loosely correlated
-1.47%
AVNT - ALB
53%
Loosely correlated
-2.15%
DD - ALB
53%
Loosely correlated
-1.49%
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