ALBEMARLE CORP.DL-.01 - Daily - Technical analysis published on 12/09/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 253.64 EUR
My targets
236.52 EUR (-2.39%)
213.25 EUR (-11.99%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ALBEMARLE CORP.DL-.01 as long as the price remains well below 253.64 EUR. The sellers' bearish objective is set at 236.52 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 213.25 EUR. In case of crossing, the next objective would be the support located at 191.05 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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This analysis was given by Hungary22. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ALBEMARLE CORP.DL-.01 rating 242.30 EUR. The price registered a decrease of -1.50% on the session with the lowest point at 242.30 EUR and the highest point at 244.10 EUR. The deviation from the price is 0% for the low point and -0.74% for the high point.242.30
244.10
242.30
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ALBEMARLE CORP.DL-.01 chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 191.05 | 213.25 | 238.87 | 242.30 | 253.64 | 270.37 | 301.95 |
| Change (%) | -21.15% | -11.99% | -1.42% | - | +4.68% | +11.58% | +24.62% |
| Change | -51.25 | -29.05 | -3.43 | - | +11.34 | +28.07 | +59.65 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 239.90 | 241.10 | 241.70 | 242.90 | 243.50 | 244.70 | 245.30 |
| Camarilla | 241.81 | 241.97 | 242.14 | 242.30 | 242.47 | 242.63 | 242.80 |
| Woodie | 239.60 | 240.95 | 241.40 | 242.75 | 243.20 | 244.55 | 245.00 |
| Fibonacci | 241.10 | 241.79 | 242.21 | 242.90 | 243.59 | 244.01 | 244.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 202.50 | 222.40 | 232.35 | 252.25 | 262.20 | 282.10 | 292.05 |
| Camarilla | 234.09 | 236.83 | 239.56 | 242.30 | 245.04 | 247.77 | 250.51 |
| Woodie | 197.53 | 219.91 | 227.38 | 249.76 | 257.23 | 279.61 | 287.08 |
| Fibonacci | 222.40 | 233.80 | 240.85 | 252.25 | 263.65 | 270.70 | 282.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 165.37 | 209.28 | 236.52 | 280.43 | 307.67 | 351.58 | 378.82 |
| Camarilla | 244.18 | 250.71 | 257.23 | 263.75 | 270.27 | 276.79 | 283.32 |
| Woodie | 157.03 | 205.11 | 228.18 | 276.26 | 299.33 | 347.41 | 370.48 |
| Fibonacci | 209.28 | 236.46 | 253.25 | 280.43 | 307.61 | 324.40 | 351.58 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.66 | |
| MACD (12,26,9): | -8.9600 | |
| Directional Movement: | -16.79 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 252.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 263.76 | |
| Elder Ray (13): | -14.65 | |
| Super Trend (3,10): | 271.09 | |
| Zig ZAG (10): | 242.30 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 7.25 | |
| TEMA (21): | 245.38 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -32.45 | |
| Repulse (5,40,3): | -1.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3200 | |
| Courbe Coppock: | 18.82 |
| MA7: | 253.29 | |
| MA20: | 265.73 | |
| MA50: | 273.75 | |
| MA100: | 270.63 | |
| MAexp7: | 251.39 | |
| MAexp20: | 263.01 | |
| MAexp50: | 269.62 | |
| MAexp100: | 263.03 | |
| Price / MA7: | -4.34% | |
| Price / MA20: | -8.82% | |
| Price / MA50: | -11.49% | |
| Price / MA100: | -10.47% | |
| Price / MAexp7: | -3.62% | |
| Price / MAexp20: | -7.87% | |
| Price / MAexp50: | -10.13% | |
| Price / MAexp100: | -7.88% |
Quotes :
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15 min delayed data
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Germany Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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