SEALED AIR CORP (SEE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SEE - US81211K1007 - Common Stock
We assign a technical rating of 9 out of 10 to SEE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SEE is showing a nice and steady performance.
Although SEE 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
32.20
4 important support areas can be observed.
- Support @39.25 from a trend line in the daily time frame.
- A support zone ranging from 34.77 to 35.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.24 from a horizontal line in the daily time frame.
- A support zone ranging from 32.53 to 32.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.41 to 43.41. 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 SEE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEE is up. |
| ChartMill Relative Strength | 89.28 | POSITIVE | SEE has a high relative strength, it outperformed 89.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.75 | OVERBOUGHT | The high RSI value suggests SEE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests SEE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.06 | OVERBOUGHT | The high Stochastics value suggests SEE may be overbought. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SEE suggests some volalility. |
| Average Directional Index/ADX (14) | 36.03 | POSITIVE | The high ADX value value for SEE suggests a strong trend. |
43.4
+0.67 (+1.57%)
SEALED AIR CORP / SEE FAQ
What is the technical rating for SEE stock?
ChartMill assigns a technical rating of 9 / 10 to SEE.
What is the trend direction for SEE stock?
The current trend direction for SEALED AIR CORP (SEE) is Bullish.
Can you provide the RSI signal for SEALED AIR CORP?
SEALED AIR CORP (SEE) has an RSI value of 72.7548. This indicates that the stock is currently overbought.
What is the MACD signal for SEE stock?
The MACD indicator for SEALED AIR CORP (SEE) has a value of 0.483926, indicating a bearish trend.
What is the buy/sell signal for SEE stock?
The buy/sell signal for SEALED AIR CORP (SEE) is buy as both the short term and long term trends are positive.