BALL CORP (BALL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BALL - US0584981064 - Common Stock
Overall BALL gets a technical rating of 6 out of 10. BALL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BALL has an average technical rating and also the quality of the setup is only medium 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
46.52
We found 2 important support areas.
- A support zone ranging from 49.69 to 50.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.99 to 47.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @54.88 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 | 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 | 40.82 | 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) | 64.29 | NEUTRAL | The RSI value for BALL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BALL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.44 | OVERBOUGHT | The high Stochastics value suggests BALL may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BALL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for BALL suggests a possible start of a new trend. |
52.03
-0.42 (-0.8%)
BALL CORP / BALL FAQ
Can you provide the ChartMill technical rating for BALL CORP?
ChartMill assigns a technical rating of 6 / 10 to BALL.
What is the current trend direction of BALL CORP (BALL) stock?
The current trend direction for BALL CORP (BALL) is Bearish.
Can you provide the RSI signal for BALL CORP?
BALL CORP (BALL) has an RSI value of 64.2926. This indicates that the stock is currently neutral.
What is the MACD signal for BALL stock?
The MACD indicator for BALL CORP (BALL) has a value of 0.411049, indicating a bearish trend.
What is the short term momentum for BALL stock?
The short term momentum for BALL CORP (BALL) is positive.