CROWN HOLDINGS INC (CCK) Stock Technical Analysis
NYSE:CCK - New York Stock Exchange, Inc. - US2283681060 - Common Stock - Currency: USD
Overall CCK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CCK did better than 87% of all other stocks.
CCK is one of the better performing stocks in the Containers & Packaging industry, it outperforms 80% of 22 stocks in the same industry.
CCK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 1121350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 107.17, a Stop Loss order could be placed below this zone.
More info and screens
77.98
109.20
We found 5 important support areas.
- A support zone ranging from 106.48 to 107.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.72 from a horizontal line in the daily time frame.
- A support zone ranging from 88.45 to 89.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.75 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 107.90 to 108.12. 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 | 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 | 87.66 | POSITIVE | CCK has a high relative strength, it outperformed 87.66% 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) | 67.19 | NEUTRAL | The RSI value for CCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CCK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.66 | NEUTRAL | The Stochastics value for CCK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for CCK suggests low volalility. |
| Average Directional Index/ADX (14) | 37.5 | 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 |
|---|---|---|---|
| 108.13 | 106.47 | 1.66 (1.54%) | 25.00% |
| An entry @108.13. This is a Buy Stop order right above the resistance zone. | An exit @106.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.66 points, which is 1.54%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CCK. Please evaluate whether better entry and exit points can be found.
- 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.
107.18
-0.27 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.25%
1 Week-0.67%
2 Weeks2.61%
1 Month6.48%
3 Month27.84%
6 Month36.07%
12 Month41.04%
2 Year15.55%
3 Year5.41%
5 Year49.73%
10 Year108.08%
15 Year285.12%
Volatility
ATR(14)1.67
ATR(20)%1.64%
ATR Inc-8.03%
Range Today1.47
ADR(20)1.73
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield0.89
10 Day High109.48
10 Day Low102.15
20 Day High109.48
20 Day Low99.37
52 Week High109.48
52 Week Low75.78
CS1 End107.17
CR1 Start107.9
Volume & EV
DER(3)-1.56%
DER(5)-1.44%
Volume790.20K
Volume Incr-32.3%
Vol(5)793.98K
Vol(50)1.12M