SEALED AIR CORP (SEE) Stock Technical Analysis
USA - NYSE:SEE - US81211K1007 - Common Stock
34.39 USD
-0.6 (-1.71%)
34.1037 USD
-0.29 (-0.83%)
We assign a technical rating of 8 out of 10 to SEE. Although SEE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
SEE is one of the better performing stocks in the Containers & Packaging industry, it outperforms 76% of 22 stocks in the same industry.
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 1574550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SEE outperforms 50% of them, which is more or less in line with the market.
In the last month SEE has a been trading in the 32.80 - 37.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SEE 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 support zone below the current price at 34.19, a Stop Loss order could be placed below this zone.
More info and screens
31.03
38.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.24 to 34.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.69 from a horizontal line in the daily time frame.
- A support zone ranging from 31.34 to 31.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.55 to 36.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.69 from a horizontal 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 | 50.88 | NEUTRAL | SEE is not amongst the best or worst performers 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) | 50.76 | NEUTRAL | The RSI value for SEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SEE has a negative trend. |
| Stochastics (14,3) | 42.07 | NEUTRAL | The Stochastics value for SEE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for SEE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for SEE suggests a weak or negative 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 |
|---|---|---|---|
| 35.55 | 33.23 | 2.32 (6.53%) | 15.32% |
| An entry @35.55. This is a Buy Stop order right above the 10 day high. | An exit @33.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.32 points, which is 6.53%. | When investing 15.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
34.39
-0.6 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.71%
1 Week-0.17%
2 Weeks-0.69%
1 Month3.46%
3 Month10.79%
6 Month24.42%
12 Month-4.6%
2 Year11.69%
3 Year-27.78%
5 Year-13.13%
10 Year-29.99%
15 Year48.55%
Volatility
ATR(14)0.92
ATR(20)%2.64%
ATR Inc-5.18%
Range Today1.02
ADR(20)0.9
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.88
3 months CRS80.53
6 months CRS74.03
Mansfield-0.42
10 Day High35.54
10 Day Low33.11
20 Day High37.04
20 Day Low32.8
52 Week High38.85
52 Week Low22.78
CS1 End34.19
CR1 Start36.55
Volume & EV
DER(3)-1.73%
DER(5)-0.48%
Volume1.30M
Volume Incr-31.01%
Vol(5)1.16M
Vol(50)1.57M