BALL CORP (BLL) Stock Technical Analysis
NYSE:BLL - New York Stock Exchange, Inc. - US0584981064 - Common Stock
Taking everything into account, BLL scores 0 out of 10 in our technical rating. BLL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BLL is a bad performer in the overall market: 72% of all stocks are doing better.
BLL is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 66% are performing better than BLL.
BLL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BLL has a been trading in the 69.10 - 89.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BLL has an average volume of 1888610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BLL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
68.80
98.77
When analyzing the resistance we notice 3 important areas.
- Resistance @81.49 from a trend line in the daily time frame.
- A resistance zone ranging from 83.15 to 85.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.46 to 97.79. 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 | DOWN | NEGATIVE | The long term trend for BLL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLL is down. |
| ChartMill Relative Strength | 28.75 | NEGATIVE | BLL has a low relative strength, it was outperformed by 71.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.99 | OVERSOLD | The low RSI value suggests BLL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.33 | NEGATIVE | The MACD value suggests BLL has a negative trend. |
| Stochastics (14,3) | 8.97 | OVERSOLD | The low Stochastics value suggests BLL may be oversold. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BLL suggests some volalility. |
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)
69.49
-2.42 (-3.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-3.37%
1 Week-13.83%
2 Weeks-19.16%
1 Month-20.51%
3 Month-24.83%
6 Month-25.73%
12 Month-22.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.34
ATR(20)%4.16%
ATR Inc64.6%
Range Today3.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.75
Mansfield-1.29
10 Day High86.04
10 Day Low69.1
20 Day High89.89
20 Day Low69.1
52 Week High98.09
52 Week Low69.1
CS1 EndN/A
CR1 Start81.49
Volume & EV
DER(3)0.4%
DER(5)0.63%
Volume2.94M
Volume Incr72.26%
Vol(5)2.93M
Vol(50)1.89M