PACTIV EVERGREEN INC (PTVE)
US69526K1051 - Common Stock
We assign a technical rating of 7 out of 10 to PTVE. In the last year, PTVE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month PTVE has a been trading in the 12.56 - 15.84 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PTVE is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by PTVE over the past year are nicely spread over this period.
PTVE is one of the better performing stocks in the Containers & Packaging industry, it outperforms 86% of 23 stocks in the same industry.
PTVE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PTVE is lagging the market slightly.
Although PTVE has an excellent technical rating, it does not present a decent entry opportunity 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
12.85
15.70
We found 1 important support area.
- A support zone ranging from 12.98 to 13.07. 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 15.54 to 15.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.79
Mansfield1.27
10 Day High15.84
10 Day Low12.56
20 Day High15.84
20 Day Low12.56
52 Week High15.84
52 Week Low6.86
Performance
1 Week-11.98%
2 Weeks-7.55%
1 Month-9.7%
3 Month-7.3%
6 Month25.83%
12 Month81.44%
2 Year32.07%
3 Year-8.42%
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)-0.15
RSI(14)36.98
LBB13.48
UBB16.11
PACTIV EVERGREEN INC
NASDAQ:PTVE (5/6/2024, 3:30:01 PM)
After market: 13.59 0 (0%)13.59
+0.02 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.15%
1 Week-11.98%
2 Weeks-7.55%
1 Month-9.7%
3 Month-7.3%
6 Month25.83%
12 Month81.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%4.27%
ATR Inc
Range Today0.5
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 High15.84
10 Day Low12.56
20 Day High15.84
20 Day Low12.56
52 Week High15.84
52 Week Low6.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume741.33K
Volume Incr95.85%
Vol(5)655.21K
Vol(50)413.04K