BALL CORP (BALL) Stock Technical Analysis
USA - NYSE:BALL - US0584981064 - Common Stock
47.58 USD
+0.54 (+1.15%)
47.62 USD
+0.04 (+0.08%)
Taking everything into account, BALL scores 0 out of 10 in our technical rating. BALL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BALL is a bad performer in the overall market: 91% of all stocks are doing better.
BALL is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 90% are performing better than BALL.
BALL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BALL has a been trading in the 46.64 - 50.83 range, which is quite wide. It is currently trading near the lows of this range.
BALL has an average volume of 2428410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BALL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.61
57.22
We found 1 important support area.
- Support @47.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 48.76 to 49.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 50.26 to 51.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.01 from a horizontal line in the daily time frame.
- Resistance @56.65 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BALL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BALL is down. |
| ChartMill Relative Strength | 9.99 | NEGATIVE | BALL has a low relative strength, it was outperformed by 90.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BALL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BALL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BALL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.6 | NEUTRAL | The RSI value for BALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BALL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.01 | OVERSOLD | The low Stochastics value suggests BALL may be oversold. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BALL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.88 | POSITIVE | The high ADX value value for BALL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
47.58
+0.54 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.15%
1 Week-1.98%
2 Weeks-5.63%
1 Month-4.32%
3 Month-17.75%
6 Month0.42%
12 Month-29.25%
2 Year-1.18%
3 Year-3.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.03%
ATR Inc-4.46%
Range Today1.17
ADR(20)0.96
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.99
Mansfield-2.01
10 Day High50.83
10 Day Low46.64
20 Day High50.83
20 Day Low46.64
52 Week High67.2
52 Week Low43.51
CS1 End47.08
CR1 Start48.76
Volume & EV
DER(3)-0.25%
DER(5)-0.86%
Volume3.44M
Volume Incr21.59%
Vol(5)2.84M
Vol(50)2.43M