SEALED AIR CORP (SEE) Stock Technical Analysis
NYSE:SEE - US81211K1007 - Common Stock
32.47 USD
+0.24 (+0.74%)
28.725 USD
-3.74 (-11.53%)
We assign a technical rating of 7 out of 10 to SEE. Although SEE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SEE is a bad performer in the overall market: 76% of all stocks are doing better.
SEE is one of the lesser performing stocks in the Containers & Packaging industry. 66% of 22 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
SEE 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.
SEE has an average volume of 1418830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SEE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SEE is lagging the market.
SEE has an excellent technical rating and 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 resistance zone just above the current price starting at 32.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.45, a Stop Loss order could be placed below this zone.
More info and screens
28.19
33.86
We found 4 important support areas.
- A support zone ranging from 31.95 to 32.45. 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 30.86 to 31.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.43 to 29.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.47 to 28.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.62 to 32.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.52 from a trend line in the weekly time frame.
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 | 24.43 | NEGATIVE | SEE has a low relative strength, it was outperformed by 75.57% 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) | DOWN | MIXED | The current price of SEE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.2 | NEUTRAL | The RSI value for SEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SEE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.75 | OVERBOUGHT | The high Stochastics value suggests SEE may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for SEE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.46 | POSITIVE | The high ADX value value for SEE 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 |
|---|---|---|---|
| 32.77 | 31.94 | 0.83 (2.53%) | 25.00% |
| An entry @32.77. This is a Buy Stop order right above the resistance zone. | An exit @31.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.83 points, which is 2.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of SEE. 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.
32.47
+0.24 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.74%
1 Week-0.85%
2 Weeks2.82%
1 Month14.05%
3 Month0.84%
6 Month-5%
12 Month-7.1%
2 Year-12.39%
3 Year-39.66%
5 Year-17.38%
10 Year-36.89%
15 Year58.31%
Volatility
ATR(14)0.84
ATR(20)%2.62%
ATR Inc-44.98%
Range Today0.34
ADR(20)0.81
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.43
Mansfield-0.9
10 Day High32.97
10 Day Low30.86
20 Day High32.97
20 Day Low28.43
52 Week High38.85
52 Week Low22.78
CS1 End32.45
CR1 Start32.62
Volume & EV
DER(3)2.08%
DER(5)1.72%
Volume948.70K
Volume Incr-43.04%
Vol(5)944.10K
Vol(50)1.42M