RANPAK HOLDINGS CORP (PACK)
US75321W1036 - Common Stock
We assign a technical rating of 9 out of 10 to PACK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PACK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PACK is one of the better performing stocks in the market, outperforming 96% of all stocks.
PACK is part of the Containers & Packaging industry. There are 23 other stocks in this industry. PACK outperforms 100% of them.
PACK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PACK is performing more or less in line with the market.
In the last month PACK has a been trading in the 6.75 - 8.29 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.
Although PACK has an excellent technical rating, it does not offer a high 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.
More info and screens
2.88
8.15
6 important support areas can be observed.
- A support zone ranging from 7.44 to 7.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.17 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.80 from a horizontal line in the daily time frame.
- Support @5.23 from a trend line in the weekly time frame.
- Support @5.00 from a trend line in the daily time frame.
- Support @2.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.83 to 7.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @8.07 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.45
Mansfield3.53
10 Day High7.6
10 Day Low6.75
20 Day High8.29
20 Day Low6.75
52 Week High8.29
52 Week Low2.63
Performance
1 Week3.34%
2 Weeks0.54%
1 Month-5.59%
3 Month57.08%
6 Month117.89%
12 Month82.11%
2 Year-50.73%
3 Year-61.36%
5 YearN/A
10 YearN/A
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)-0.07
RSI(14)55.84
LBB6.73
UBB7.82
RANPAK HOLDINGS CORP
NYSE:PACK (4/29/2024, 11:29:42 AM)
7.61
+0.18 (+2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.42%
1 Week3.34%
2 Weeks0.54%
1 Month-5.59%
3 Month57.08%
6 Month117.89%
12 Month82.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%4.73%
ATR Inc
Range Today0.23
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 High7.6
10 Day Low6.75
20 Day High8.29
20 Day Low6.75
52 Week High8.29
52 Week Low2.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume134.38K
Volume Incr-49.05%
Vol(5)304.14K
Vol(50)792.55K