SEALED AIR CORP (SEE) Stock Technical Analysis
NYSE:SEE - New York Stock Exchange, Inc. - US81211K1007 - Common Stock - Currency: USD
Taking everything into account, SEE scores 4 out of 10 in our technical rating. SEE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SEE is one of the lesser performing stocks in the Containers & Packaging industry. 71% of 22 stocks in the same industry do better.
In the last month SEE has a been trading in the 29.95 - 33.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SEE has an average volume of 1428600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, SEE outperforms 44% of them, which is more or less in line with the market.
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.
Although the technical rating is only medium, SEE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.31, a Stop Loss order could be placed below this zone.
More info and screens
30.01
38.07
When analyzing the support we notice one important area.
- A support zone ranging from 30.31 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 31.54 to 31.85. 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 32.44 to 32.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.00 from a trend line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for SEE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SEE is down. |
| ChartMill Relative Strength | 44.2 | 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 | MIXED | The current price of SEE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.23 | NEUTRAL | The RSI value for SEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SEE has a negative trend. |
| Stochastics (14,3) | 23.15 | NEUTRAL | The Stochastics value for SEE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for SEE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | 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)
31.39
+0.37 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.19%
1 Week-4.01%
2 Weeks-4.44%
1 Month1.59%
3 Month18.9%
6 Month-9.07%
12 Month-11%
2 Year-31.19%
3 Year-48.64%
5 Year-12.02%
10 Year-40.96%
15 Year45.12%
Volatility
ATR(14)0.83
ATR(20)%2.49%
ATR Inc-12.01%
Range Today0.63
ADR(20)0.74
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.2
Mansfield-1.24
10 Day High33.08
10 Day Low30.42
20 Day High33.08
20 Day Low29.95
52 Week High38.85
52 Week Low22.78
CS1 End30.31
CR1 Start31.54
Volume & EV
DER(3)0.18%
DER(5)0.58%
Volume1.54M
Volume Incr-12.78%
Vol(5)1.12M
Vol(50)1.43M