Albemarle(ALB)

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

Auto-detected technical analysis for ALB · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$117.45last close · Jul 22, 202652-week range $64.95 – $221.00 · 46.86% below the high

ALB Bullish Pennant Pattern

ALB is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 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 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; ALB's own bullish pennants have hit 55.6%.

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 Falling Wedge Trade

ALB's most recent completed falling wedge resolved as a loss: it broke higher on Apr 13, 2026 near $178.80, then was stopped out at $149.84 on Jun 8, 2026 — a 16.2% move (-1.20R) over 39 sessions. Across 124 backtested falling wedges, this setup wins 64.5% of the time.

OutcomeLossResult-16.2%R-1.20REntry$178.80Exit$149.84

Learn about falling wedge

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
ALB win rate
55.6%

Historical pattern statistics (1987-02-04 – 2026-06-30), 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
Falling WedgeApr 13, 2026 @ $178.80Jun 8, 2026 @ $149.84Loss+29.0% · -1.20R
Falling WedgeFeb 24, 2026 @ $180.77Mar 20, 2026 @ $156.70Loss+20.8% · -1.00R
Rising WedgeDec 18, 2025 @ $138.45Jan 16, 2026 @ $163.04Win+14.8% · +1.18R
Rising WedgeDec 4, 2025 @ $124.87Dec 10, 2025 @ $133.21Loss+26.9% · -1.04R
TriangleSep 26, 2025 @ $87.65Dec 4, 2025 @ $119.14Win+51.4% · +1.92R
TriangleSep 2, 2025 @ $81.48Sep 26, 2025 @ $88.10Loss+29.5% · -1.02R
TriangleJul 2, 2025 @ $65.52Jul 28, 2025 @ $74.77Win+19.9% · +0.96R
TriangleMay 21, 2025 @ $58.55Jun 10, 2025 @ $64.20Loss+14.2% · -1.11R
TriangleMar 27, 2025 @ $74.29Apr 3, 2025 @ $66.25Win+12.7% · +1.37R
Falling WedgeMar 14, 2025 @ $75.41Apr 3, 2025 @ $66.50Loss+18.9% · -2.04R
Rising WedgeDec 12, 2024 @ $102.55Dec 18, 2024 @ $90.19Win+14.1% · +1.09R
TriangleDec 4, 2024 @ $107.99Dec 18, 2024 @ $94.80Win+14.4% · +3.55R

Recent Bullish Pennants on Other Charts

FTNThit target +7.3%Jul 16, 2026INTCstopped −21.2%Jul 16, 2026PMstopped −4.3%Jul 14, 2026DALhit target +17.5%Jul 7, 2026

Learn about bullish pennant

ALB Support and Resistance Levels

Price is bouncing off a floor near $116.12 and starting to climb. On the weekly chart, the next ceiling overhead sits near $228.88 — about 95% away.

  • Traders commonly watch $228.88 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 yet — the spot to watch is right at the $116.12 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

ALB Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$119.40$123.31$116.90$117.45
Jul 21, 2026$119.36$119.55$115.60$118.62
Jul 20, 2026$121.00$121.50$116.86$118.20
Jul 17, 2026$116.41$122.26$116.41$120.78
Jul 16, 2026$121.69$122.50$117.59$119.46
Jul 15, 2026$126.82$127.87$122.09$124.74
Jul 14, 2026$129.00$130.61$127.72$128.75
Jul 13, 2026$126.11$128.48$124.65$125.79
Jul 10, 2026$128.99$129.11$125.92$126.05
Jul 9, 2026$129.09$131.15$126.45$128.42

ALB Frequently Asked Questions

What chart pattern is ALB forming right now?
As of Jul 22, 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 (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
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 Jul 22, 2026?
Albemarle (ALB) last closed at $117.45 on Jul 22, 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.