BALL CORP (BALL) Stock Technical Analysis
NYSE:BALL - New York Stock Exchange, Inc. - US0584981064 - Common Stock - Currency: USD
Taking everything into account, BALL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BALL is only an average performer.
BALL is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 61% are performing better than BALL.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BALL has a been trading in the 52.90 - 58.88 range, which is quite wide. It is currently trading near the high of this range.
BALL has an average volume of 2740140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BALL turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
BALL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BALL is lagging the market.
Although BALL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.36
59.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 51.75 to 52.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.84 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 | UP | POSITIVE | The long term trend for BALL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BALL is up. |
| ChartMill Relative Strength | 50.37 | NEUTRAL | BALL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BALL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BALL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BALL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.01 | OVERBOUGHT | The high RSI value suggests BALL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BALL has a positive trend. |
| Stochastics (14,3) | 80.93 | OVERBOUGHT | The high Stochastics value suggests BALL may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for BALL suggests low volalility. |
| Average Directional Index/ADX (14) | 29.21 | 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)
58.74
+0.86 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.49%
1 Week3.51%
2 Weeks6.2%
1 Month9.88%
3 Month20.86%
6 Month8.72%
12 Month-1.51%
2 Year0.09%
3 Year-19.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%1.87%
ATR Inc85.29%
Range Today1.22
ADR(20)1.05
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.37
Mansfield-0.5
10 Day High58.88
10 Day Low54.92
20 Day High58.88
20 Day Low52.9
52 Week High68.12
52 Week Low43.51
CS1 End52.01
CR1 Start56.42
Volume & EV
DER(3)2.86%
DER(5)1.68%
Volume1.52M
Volume Incr-10.6%
Vol(5)2.51M
Vol(50)2.74M