SEALED AIR CORP (SEE) Technical Analysis
NYSE:SEE • US81211K1007
We assign a technical rating of 10 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.
- 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 81% of all stocks. On top of that, SEE also shows a nice and consistent pattern of rising prices.
- SEE is part of the Containers & Packaging industry. There are 22 other stocks in this industry. SEE outperforms 71% of them.
- SEE 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 SEE is lagging the market slightly.
- SEE has an average volume of 2907370 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 41.80 and 42.08.
SEE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 42.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.96, a Stop Loss order could be placed below this zone.
More info and screens
32.62
We found 2 important support areas.
- A support zone ranging from 40.28 to 41.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.94 to 42.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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.
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 | 81.46 | POSITIVE | SEE has a high relative strength, it outperformed 81.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SEE is below 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) | 62.46 | NEUTRAL | The RSI value for SEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SEE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.12 | NEUTRAL | The Stochastics value for SEE is a neutral value. |
| 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) | 21.35 | NEUTRAL | The ADX value for SEE suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 41.97 | 41.82 | 0.15 (0.36%) | 25.00% |
| An entry @41.97. This is a Buy Stop order right above the 10 day moving average. | An exit @41.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.15 points, which is 0.36%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
41.91
-0.12 (-0.29%)
SEALED AIR CORP / SEE 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.
Can you provide the RSI signal for SEALED AIR CORP?
SEALED AIR CORP (SEE) has an RSI value of 62.455. This indicates that the stock is currently neutral.
What is the buy/sell signal for SEALED AIR CORP (SEE) stock?
The buy/sell signal for SEALED AIR CORP (SEE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SEALED AIR CORP?
SEALED AIR CORP (SEE) has a support level at 41.96 and a resistance level at 42.08. Check the full technical report for our detailed analysis of SEE support and resistance levels.