Smurfit Kappa Group Plc (SK3.I) Stock Technical Analysis
DUB:SK3 - Euronext Dublin - IE00B1RR8406 - Common Stock - Currency: EUR
Taking everything into account, SK3 scores 3 out of 10 in our technical rating. SK3 has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month SK3 has a been trading in the 40.45 - 45.30 range, which is quite wide. It is currently trading near the lows of this range.
SK3 is one of the better performing stocks in the Containers & Packaging industry, it outperforms 81% of 12 stocks in the same industry.
SK3 is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SK3 is performing more or less in line with the market.
SK3 has an average volume of 1553330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, SK3 outperforms 67% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SK3 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 41.43, a Stop Loss order could be placed below this zone.
More info and screens
30.48
46.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.43 to 41.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.32 to 39.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.27 to 43.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.61 to 45.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.4
Mansfield-0.22
10 Day High45.03
10 Day Low40.45
20 Day High45.3
20 Day Low40.45
52 Week High45.88
52 Week Low28.98
Performance
1 Week-3.43%
2 Weeks-2.4%
1 Month-8.36%
3 Month-1.89%
6 Month17.76%
12 Month33.33%
2 Year17.46%
3 Year-12.89%
5 Year45.3%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.2
RSI(14)37.07
LBB40.65
UBB44.29
DUB:SK3 (7/2/2024, 7:00:00 PM)
41.44
-0.16 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.38%
1 Week-3.43%
2 Weeks-2.4%
1 Month-8.36%
3 Month-1.89%
6 Month17.76%
12 Month33.33%
2 Year17.46%
3 Year-12.89%
5 Year45.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%2.73%
ATR Inc23%
Range Today1.12
ADR(20)1.1
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.4
Mansfield-0.22
10 Day High45.03
10 Day Low40.45
20 Day High45.3
20 Day Low40.45
52 Week High45.88
52 Week Low28.98
CS1 End41.43
CR1 Start42.27
Volume & EV
DER(3)0.33%
DER(5)0.44%
Volume25.21M
Volume Incr719.21%
Vol(5)7.81M
Vol(50)1.55M