SEALED AIR CORP (SEE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SEE • US81211K1007
We assign a technical rating of 7 out of 10 to SEE. Both in the recent history as in the last year, SEE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 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 however is currently trading near a new high, so SEE is lagging the market slightly.
- SEE has an average volume of 3433070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SEE is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month SEE has a been trading in a tight range between 41.41 and 42.00.
- Considerably lower volume is observed in the last couple of days.
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. There is a support zone below the current price at 41.81, a Stop Loss order could be placed below this zone.
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5 important support areas can be observed.
- A support zone ranging from 41.24 to 41.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.31 to 38.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.61 from a trend line in the daily time frame.
- Support @34.68 from a trend line in the weekly time frame.
- Support @32.69 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.89 to 42.08. 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 | 84.09 | POSITIVE | SEE has a high relative strength, it outperformed 84.09% 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) | DOWN | NEGATIVE | The current price of SEE is below a declining 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) | 61.41 | 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. |
| Stochastics (14,3) | 77.89 | NEUTRAL | The Stochastics value for SEE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for SEE suggests low volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for SEE suggests a strong 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 |
|---|---|---|---|
| 42.09 | 41.64 | 0.45 (1.08%) | 25.00% |
| An entry @42.09. This is a Buy Stop order right above the resistance zone. | An exit @41.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 1.08%. | For a 0.27% 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.
41.88
+0.01 (+0.02%)
SEALED AIR CORP / SEE FAQ
What is the technical rating for SEE stock?
ChartMill assigns a technical rating of 7 / 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 61.41. 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 41.81 and a resistance level at 41.89. Check the full technical report for our detailed analysis of SEE support and resistance levels.