SEALED AIR CORP (SEE) Technical Analysis
NYSE:SEE • US81211K1007
Current stock price
SEE Technical Rating and Analysis
Taking everything into account, SEE scores 10 out of 10 in our technical rating. 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.
- 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 SEE is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, SEE also shows a nice and consistent pattern of rising prices.
- SEE is one of the better performing stocks in the Containers & Packaging industry, it outperforms 80% of 22 stocks in the same industry.
- SEE 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 SEE is performing more or less in line with the market.
- SEE has an average volume of 3101930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SEE has a been trading in a tight range between 41.60 and 42.15.
SEE Weekly and Daily overview Charts
SEE Setup Rating and Analysis
Besides having an excellent technical rating, SEE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 42.08, a Stop Loss order could be placed below this zone.
More info and screens
SEE Support and Resistance Analysis
40.88
We found 1 important support area.
- A support zone ranging from 41.29 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @42.43 from a trend line in the weekly time frame.
- A resistance zone ranging from 43.28 to 43.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
SEE Technical Indicator Signal Analysis
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 | 83.62 | POSITIVE | SEE has a high relative strength, it outperformed 83.62% 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) | 64.58 | NEUTRAL | The RSI value for SEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SEE has a positive trend. |
| Stochastics (14,3) | 98.42 | OVERBOUGHT | The high Stochastics value suggests SEE may be overbought. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for SEE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for SEE suggests a weak or negative trend. |
SEE Chart- and CandleStick Pattern Analysis
SEE Example Setup
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 |
|---|---|---|---|
| 42.16 | 41.93 | 0.23 (0.55%) | 25.00% |
| An entry @42.16. This is a Buy Stop order right above the 10 day high. | An exit @41.93. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- 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.
SEE Technicals: Chart, Performance Metrics, Trend & Indicators
42.15
+0.01 (+0.02%)
SEALED AIR CORP / SEE TA FAQ
What is the technical rating for SEE stock?
ChartMill assigns a technical rating of 10 / 10 to SEE.
What is the current trend direction of SEALED AIR CORP (SEE) stock?
The current trend direction for SEALED AIR CORP (SEE) is Bullish.
What is the RSI signal for SEE stock?
SEALED AIR CORP (SEE) has an RSI value of 64.5789. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SEALED AIR CORP?
The buy/sell signal for SEALED AIR CORP (SEE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SEE stock?
SEALED AIR CORP (SEE) has a support level at 42.08 and a resistance level at 42.43. Check the full technical report for our detailed analysis of SEE support and resistance levels.