BERRY GLOBAL GROUP INC (BERY)

US08579W1036 - Common Stock

58.38  +0.59 (+1.02%)

After market: 57.14 -1.24 (-2.12%)

Technical Rating and Analysis

0

Taking everything into account, BERY scores 0 out of 10 in our technical rating. BERY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
73% of all other stocks performed better in the past year than BERY.
BERY is one of the lesser performing stocks in the Containers & Packaging industry. 77% of 23 stocks in the same industry do better.
BERY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BERY is lagging the market.
BERY has an average volume of 1099500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BERY has a been trading in the 55.24 - 59.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BERY Weekly chart
BERY Daily chart
Setup Rating and Analysis

3

The technical rating of BERY 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.

Support and Resistance Analysis

53.62

62.16

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 56.75 to 57.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @55.62 from a horizontal line in the daily time frame.
  • A support zone ranging from 54.16 to 54.47. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 60.49 to 61.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.42
Mansfield-1.4
10 Day High58.88
10 Day Low55.68
20 Day High59.97
20 Day Low55.24
52 Week High69.94
52 Week Low53.92
Performance
1 Week3.24%
2 Weeks3.66%
1 Month-1.05%
3 Month-10.92%
6 Month-0.71%
12 Month1.25%
2 Year0.09%
3 Year-14.41%
5 Year24.16%
10 Year147.27%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)53.78
LBB55.57
UBB58.09
BERY Daily chart

BERRY GLOBAL GROUP INC

NYSE:BERY (5/2/2024, 7:04:00 PM)

After market: 57.14 -1.24 (-2.12%)

58.38

+0.59 (+1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.02%
1 Week3.24%
2 Weeks3.66%
1 Month-1.05%
3 Month-10.92%
6 Month-0.71%
12 Month1.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.03
ATR(20)%1.91%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High58.88
10 Day Low55.68
20 Day High59.97
20 Day Low55.24
52 Week High69.94
52 Week Low53.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume692.40K
Volume Incr-28.49%
Vol(5)657.86K
Vol(50)1.10M