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 past year, BALL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BALL is a bad performer in the overall market: 75% of all stocks are doing better.
BALL is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 61% are performing better than BALL.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BALL has an average volume of 2777740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month BALL has a been trading in a tight range between 51.64 and 54.56.
BALL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.81, a Stop Loss order could be placed below this zone.
More info and screens
46.90
54.88
2 important support areas can be observed.
- A support zone ranging from 51.19 to 53.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.37 to 47.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.24 to 54.34. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BALL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BALL is up. |
| ChartMill Relative Strength | 25.47 | NEGATIVE | BALL has a low relative strength, it was outperformed by 74.53% off all stocks 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 | NEGATIVE | The current price of BALL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.86 | NEUTRAL | The RSI value for BALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BALL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.81 | NEUTRAL | The Stochastics value for BALL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for BALL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for BALL suggests a weak or negative 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)
54.23
+0.5 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.93%
1 Week3.99%
2 Weeks4.77%
1 Month4.03%
3 Month4.51%
6 Month-6.89%
12 Month-17.85%
2 Year-6.84%
3 Year-21.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%2.17%
ATR Inc-0.59%
Range Today1.48
ADR(20)1.11
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.47
Mansfield-1.01
10 Day High54.56
10 Day Low51.69
20 Day High54.56
20 Day Low51.64
52 Week High68.12
52 Week Low43.51
CS1 End53.81
CR1 Start54.24
Volume & EV
DER(3)-1.43%
DER(5)0.57%
Volume2.00M
Volume Incr-37.04%
Vol(5)1.88M
Vol(50)2.78M