BALL CORP (BALL) Stock Technical Analysis
NYSE:BALL - New York Stock Exchange, Inc. - US0584981064 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BALL. In the last year, BALL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, BALL is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month BALL has a been trading in the 55.98 - 60.28 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BALL has an average volume of 2499130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BALL is an average performer in the Containers & Packaging industry, it outperforms 42% of 22 stocks in the same industry.
BALL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BALL is lagging the market slightly.
BALL has an average technical rating and it also does not offer a high 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
47.53
60.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.01 to 57.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.01 from a horizontal line in the daily time frame.
- Support @48.01 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.35 to 59.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BALL is neutral. |
| ChartMill Relative Strength | 35.42 | NEUTRAL | BALL is not amongst the best or worst performers 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) | 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) | 45.42 | NEUTRAL | The RSI value for BALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests BALL has a negative trend. |
| Stochastics (14,3) | 20.61 | NEUTRAL | The Stochastics value for BALL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for BALL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.54 | NEUTRAL | The ADX value for BALL suggests a possible start of a new 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)
57.14
-0.12 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.21%
1 Week-3.17%
2 Weeks-1.23%
1 Month-2.71%
3 Month10.61%
6 Month2.59%
12 Month-11.77%
2 Year4.94%
3 Year2.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%1.69%
ATR Inc39.3%
Range Today1.39
ADR(20)0.93
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.42
Mansfield-0.62
10 Day High60.29
10 Day Low55.98
20 Day High60.29
20 Day Low55.98
52 Week High68.12
52 Week Low43.51
CS1 End57.13
CR1 Start58.35
Volume & EV
DER(3)0.21%
DER(5)0.83%
Volume4.34M
Volume Incr38.26%
Vol(5)2.63M
Vol(50)2.50M