SILGAN HOLDINGS INC (SLGN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SLGN - US8270481091 - Common Stock
39.71 USD
+1.24 (+3.22%)
39.71 USD
0 (0%)
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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SLGN is a bad performer in the overall market: 85% of all stocks are doing better.
SLGN is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 85% are performing better than SLGN.
SLGN is currently trading in the lower part 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.
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 an average volume of 1342540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SLGN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.17
58.11
We found 1 important support area.
- A support zone ranging from 37.55 to 38.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 41.46 to 41.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.92 to 44.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 55.02 to 55.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.53 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 | DOWN | NEGATIVE | The long term trend for SLGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLGN is neutral. |
| ChartMill Relative Strength | 15.55 | NEGATIVE | SLGN has a low relative strength, it was outperformed by 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLGN is above 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) | 49.04 | NEUTRAL | The RSI value for SLGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SLGN has a positive trend. |
| Stochastics (14,3) | 54.28 | NEUTRAL | The Stochastics value for SLGN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SLGN suggests some volalility. |
| Average Directional Index/ADX (14) | 37.56 | 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)
39.71
+1.24 (+3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg3.22%
1 Week4.53%
2 Weeks3.95%
1 Month-10.92%
3 Month-15.89%
6 Month-27.07%
12 Month-29.75%
2 Year-4.82%
3 Year-24.93%
5 Year17.49%
10 Year46.18%
15 Year131.95%
Volatility
ATR(14)1.03
ATR(20)%3.51%
ATR Inc55.79%
Range Today1.73
ADR(20)1.14
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
3 months CRS18.69
6 months CRS11.16
Mansfield-2.7
10 Day High40.48
10 Day Low37.12
20 Day High45.2
20 Day Low36.15
52 Week High58.14
52 Week Low36.15
CS1 End38.33
CR1 Start41.46
Volume & EV
DER(3)-3.11%
DER(5)-2.93%
Volume1.56M
Volume Incr-8.05%
Vol(5)1.43M
Vol(50)1.34M
SILGAN HOLDINGS INC / SLGN FAQ
What is the technical rating for SLGN stock?
ChartMill assigns a technical rating of 0 / 10 to SLGN.
Can you provide the trend direction for SILGAN HOLDINGS INC?
The current trend direction for SILGAN HOLDINGS INC (SLGN) is Bearish.
Can you provide the RSI signal for SILGAN HOLDINGS INC?
SILGAN HOLDINGS INC (SLGN) has an RSI value of 49.043. This indicates that the stock is currently neutral.
What is the short term momentum for SLGN stock?
The short term momentum for SILGAN HOLDINGS INC (SLGN) is neutral.