SILGAN HOLDINGS INC (SLGN) Stock Technical Analysis
NYSE:SLGN - New York Stock Exchange, Inc. - US8270481091 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SLGN. SLGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than SLGN.
SLGN is one of the lesser performing stocks in the Containers & Packaging industry. 80% of 22 stocks in the same industry do better.
SLGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SLGN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SLGN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.67, a Stop Loss order could be placed below this zone.
More info and screens
43.93
58.11
2 important support areas can be observed.
- A support zone ranging from 45.47 to 45.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 47.01 to 47.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @56.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 57.53 to 57.53. 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 | DOWN | NEGATIVE | The long term trend for SLGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLGN is down. |
| ChartMill Relative Strength | 16.97 | NEGATIVE | SLGN has a low relative strength, it was outperformed by 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.76 | NEUTRAL | The RSI value for SLGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SLGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.5 | OVERSOLD | The low Stochastics value suggests SLGN may be oversold. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SLGN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.8 | POSITIVE | The high ADX value value for SLGN suggests a strong 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)
NYSE:SLGN (8/15/2025, 2:01:04 PM)
46.64
-0.36 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.77%
1 Week0.82%
2 Weeks1.01%
1 Month-15.07%
3 Month-15.24%
6 Month-12.44%
12 Month-6.21%
2 Year4.14%
3 Year3.18%
5 Year23.49%
10 Year79.53%
15 Year214.49%
Volatility
ATR(14)1.6
ATR(20)%2.91%
ATR Inc-11.53%
Range Today0.72
ADR(20)1.14
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.97
Mansfield-1.88
10 Day High47.66
10 Day Low45.26
20 Day High56.85
20 Day Low45.23
52 Week High58.14
52 Week Low44.37
CS1 End45.67
CR1 Start47.01
Volume & EV
DER(3)1.43%
DER(5)0.58%
Volume625.43K
Volume Incr-26.8%
Vol(5)910.10K
Vol(50)897.11K