Albemarle (ALB) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ALB · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$120.82last close · Aug 4, 202652-week range $66.67 – $221.00 · 45.33% below the high

ALB Bullish Pennant Pattern

ALB is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $228.71 (+16.9%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; ALB's own bullish pennants have hit 50.0%.

DirectionBullishTarget$228.71Projected move+16.9%Breakout level$197.51

New to this pattern? What a bullish pennant is and how to trade it →

ALB's Most Recent Bullish Pennant Trade

ALB's most recent completed bullish pennant resolved as a loss: it broke higher on May 5, 2026 near $194.82, then was stopped out at $180.38 on May 15, 2026 — a -1.40R move (7.4%) over 8 sessions. Across 133 backtested bullish pennants, this setup wins 61.7% of the time.

OutcomeLossResult-1.40REntry$194.82Exit$180.38

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
ALB win rate
50.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

ALB Pattern Trade History

Every completed pattern trade our nightly backtest found on ALB's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantMay 5, 2026 @ $194.82May 15, 2026 @ $180.38Loss-1.40R
Falling WedgeApr 13, 2026 @ $178.80Jun 8, 2026 @ $149.84Loss-1.20R
Falling WedgeFeb 24, 2026 @ $180.77Mar 20, 2026 @ $156.70Loss-1.00R
Rising WedgeDec 17, 2025 @ $137.90Jan 16, 2026 @ $163.04Win+1.24R
Rising WedgeDec 4, 2025 @ $124.87Dec 10, 2025 @ $133.21Loss-1.04R
TriangleOct 6, 2025 @ $89.60Dec 4, 2025 @ $119.14Win+2.87R
TriangleSep 26, 2025 @ $87.65Dec 4, 2025 @ $119.14Win+1.92R
TriangleSep 2, 2025 @ $81.48Sep 26, 2025 @ $88.10Loss-1.02R
TriangleJul 2, 2025 @ $65.52Jul 28, 2025 @ $74.77Win+0.96R
TriangleMay 21, 2025 @ $58.55Jun 10, 2025 @ $64.20Loss-1.11R
TriangleMar 27, 2025 @ $74.29Apr 4, 2025 @ $65.88Win+1.43R
Falling WedgeMar 17, 2025 @ $76.17Apr 3, 2025 @ $66.50Loss-1.89R

ALB Support and Resistance Levels

Price is bouncing off a floor near $114.59 and starting to climb. On the weekly chart, the next ceiling overhead sits near $227.58 — about 88% away.

  • Traders commonly watch $227.58 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $114.59 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $114.65, resistance near $219.57. These are chart/swing-derived levels, not formula pivots.

Resistance
$219.57$227.45
Support
$114.65

ALB Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$120.43$121.81$119.23$120.82
Aug 3, 2026$116.20$120.37$115.59$118.71
Jul 31, 2026$116.80$118.79$116.00$117.64
Jul 30, 2026$116.47$118.56$115.94$117.76
Jul 29, 2026$115.29$117.00$112.22$113.88
Jul 28, 2026$115.06$115.79$111.55$113.16
Jul 27, 2026$114.92$117.19$113.75$116.18
Jul 24, 2026$116.62$119.60$114.75$114.85
Jul 23, 2026$119.21$120.80$115.97$116.91
Jul 22, 2026$119.40$123.31$116.90$117.45

ALB Frequently Asked Questions

What chart pattern is ALB forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Albemarle (ALB) on the daily chart, with a measured-move target of $228.71.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on ALB is a bullish pattern, projecting a measured-move target of $228.71. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for ALB?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ALB's nearest support is around $114.65 and nearest resistance around $219.57.
What is the price target if ALB's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $228.71 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ALB's closing price on Aug 4, 2026?
Albemarle (ALB) last closed at $120.82 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.