SILGAN HOLDINGS INC (SLGN)
US8270481091 - Common Stock
We assign a technical rating of 7 out of 10 to SLGN. Although SLGN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month SLGN has a been trading in the 45.11 - 49.72 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.
When comparing the performance of all stocks over the past year, SLGN turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
SLGN is an average performer in the Containers & Packaging industry, it outperforms 50% of 23 stocks in the same industry.
SLGN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLGN is lagging the market slightly.
Besides having an excellent technical rating, SLGN 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 45.93, a Stop Loss order could be placed below this zone.
More info and screens
38.46
49.78
4 important support areas can be observed.
- A support zone ranging from 45.39 to 45.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.03 to 44.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.87 to 42.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.55 to 49.29. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS40.69
Mansfield-0.24
10 Day High49.72
10 Day Low46.43
20 Day High49.72
20 Day Low45.11
52 Week High54.92
52 Week Low38.11
Performance
1 Week-0.15%
2 Weeks-1.43%
1 Month4.68%
3 Month9.85%
6 Month15.98%
12 Month-12.35%
2 Year6.83%
3 Year12.4%
5 Year58.32%
10 Year90.55%
15 Year307.83%
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)-0.25
RSI(14)54.89
LBB46.34
UBB49.42
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 |
|---|---|---|---|
| 47.83 | 46.42 | 1.41 (2.94%) | 25.00% |
| An entry @47.83. This is a Buy Stop order right above the 10 day moving average. | An exit @46.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.41 points, which is 2.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- 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.
SILGAN HOLDINGS INC
NYSE:SLGN (4/19/2024, 7:16:29 PM)
After market: 47.4 0 (0%)47.4
+0.56 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.2%
1 Week-0.15%
2 Weeks-1.43%
1 Month4.68%
3 Month9.85%
6 Month15.98%
12 Month-12.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%1.9%
ATR Inc
Range Today0.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High49.72
10 Day Low46.43
20 Day High49.72
20 Day Low45.11
52 Week High54.92
52 Week Low38.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume335.90K
Volume Incr-41.24%
Vol(5)406.84K
Vol(50)596.39K