A price action above 82.00 supports a bullish trend direction.
Bullish support for a break above 85.00.
The target price is set at 88.00 (the upper range of the broadening top pattern).
The stop-loss price is set at 80.00.
Remains above its 200-day simple moving average.
The broadening top pattern indicates a rise in the volatility factor.
Analyzing the financial metrics and market dynamics of Albemarle Corporation (ALB) and International Flavors & Fragrances (IFF) offers a clear perspective for investors considering their options.
Reasons to Consider Buying ALB Over IFF:
Forward P/E Ratio: ALB's forward P/E ratio of 10.32 is notably lower than IFF's 19.90. This suggests that ALB might be...
On the daily chart, I'm drawing a resistance line from the All Time High #ath. Currently, the price is below the Moving Averages. At the bottom of the chart, there is an extended W-pattern with a characteristic Adam & Eve formation. In this pattern, Adam is represented as a V-shape, followed by a rounded shape representing Eve.
If the price breaks out above the...
On the monthly chart: We can observe an upward trend channel between 2011 and 2019. During this period, the price remained above the MA50, and a breakdown below this support line of the channel resulted in a prolonged consolidation phase.
In 2021, there was a final push upwards, leading to a new All Time High of $147.80, after which the bears took control. The...
IFF is showing signs of a potential continuation in its downward movement. After a significant drop, the stock has entered a consolidation phase and is forming a bearish continuation pattern known as a bear pennant or symmetrical triangle.
If the price breaks below the blue dotted line, it would trigger a short position, signaling a potential further decline....
"Based on 9 Wall Street analysts offering 12 month price targets for International Flavors & Fragrances in the last 3 months. The average price target is $106.11 with a high forecast of $133.00 and a low forecast of $75.00. The average price target represents a 38.52% change from the last price of $76.60."
The PEAD projected a Bearish outlook for $IFF after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 57.14%.
The PEAD projected a Bullish outlook for $IFF after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $124.89
Target Price: $123.48
Stop Loss: $126.30
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $124.19
Target Price: $122.68
Stop Loss: $125.70
NYSE:IFF looks like it has run out of steam. It used up a lot of energy just to make the recent new (barely) high and now it has broken the trendline and looks ready for a short.
MACD is negative and is accelerating.
1. in early Feb it did not go down when everyone else did. Strong.
2. Look at that huge volume from Jan to today. someone is up to something
3. recent price movements is limited to 130-140$, suggest successful breakout.
4. fundamental-wise speaking, with so much dollars floating around, price of spices will go up, just like other raw materials.
I have no good...
IFF has been in a downtrend for over two years. Those looking for a bounce higher for a better short entry may consider selling IFF here.
The stock has pulled back to the point of control - a likely place for value buyers to take profits and fresh sellers to get in.
Target would be the low side of the trend channel around $95.
