CROWN HOLDINGS INC (CCK) Stock Technical Analysis
NYSE:CCK - New York Stock Exchange, Inc. - US2283681060 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CCK. Both in the recent history as in the last year, CCK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CCK did better than 83% of all other stocks. On top of that, CCK also shows a nice and consistent pattern of rising prices.
CCK is part of the Containers & Packaging industry. There are 22 other stocks in this industry. CCK outperforms 90% of them.
CCK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CCK is leading the market.
CCK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CCK has an average volume of 1323210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CCK has a been trading in a tight range between 96.06 and 100.23.
Besides having an excellent technical rating, CCK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 98.15, a Stop Loss order could be placed below this zone.
More info and screens
77.98
101.15
5 important support areas can be observed.
- A support zone ranging from 97.04 to 98.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.36 to 92.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.15 from a horizontal line in the daily time frame.
- Support @84.14 from a trend line in the weekly time frame.
- Support @78.77 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 98.55 to 100.15. 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 CCK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCK is up. |
| ChartMill Relative Strength | 83.74 | POSITIVE | CCK has a high relative strength, it outperformed 83.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.56 | NEUTRAL | The RSI value for CCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests CCK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.73 | NEUTRAL | The Stochastics value for CCK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CCK suggests low volalility. |
| Average Directional Index/ADX (14) | 30.59 | POSITIVE | The high ADX value value for CCK suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 100.16 | 97.03 | 3.13 (3.13%) | 25.00% |
| An entry @100.16. This is a Buy Stop order right above the resistance zone. | An exit @97.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.13 points, which is 3.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
98.5
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.01%
1 Week0.43%
2 Weeks-1.08%
1 Month2.49%
3 Month9.9%
6 Month6.96%
12 Month17%
2 Year29.21%
3 Year-5.69%
5 Year50.54%
10 Year78.15%
15 Year318.97%
Volatility
ATR(14)1.53
ATR(20)%1.51%
ATR Inc-14.05%
Range Today1.21
ADR(20)1.4
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.74
Mansfield0.83
10 Day High100.24
10 Day Low96.89
20 Day High100.24
20 Day Low96.06
52 Week High100.24
52 Week Low70.84
CS1 End98.15
CR1 Start98.55
Volume & EV
DER(3)-0.83%
DER(5)1.26%
Volume1.40M
Volume Incr-23.77%
Vol(5)1.04M
Vol(50)1.32M