SONOCO PRODUCTS CO (SON) Stock Technical Analysis
NYSE:SON - New York Stock Exchange, Inc. - US8354951027 - Common Stock - Currency: USD
Overall SON gets a technical rating of 1 out of 10. SON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SON is a bad performer in the overall market: 83% of all stocks are doing better.
SON is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 76% are performing better than SON.
SON 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 SON is lagging the market.
In the last month SON has a been trading in the 43.04 - 46.83 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of SON is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.18
48.88
We found 1 important support area.
- Support @40.59 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.66 to 46.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.20 to 48.40. This zone is formed by a combination of multiple trend lines in the daily 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 SON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SON is down. |
| ChartMill Relative Strength | 17.83 | NEGATIVE | SON has a low relative strength, it was outperformed by 82.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SON is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for SON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests SON has a negative trend. |
| Stochastics (14,3) | 1.05 | OVERSOLD | The low Stochastics value suggests SON may be oversold. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for SON suggests some volalility. |
| Average Directional Index/ADX (14) | 15.58 | NEGATIVE | The low ADX value for SON suggests a weak or negative 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)
43.05
-0.41 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.94%
1 Week-5.67%
2 Weeks-4.48%
1 Month-4.9%
3 Month-7.78%
6 Month-12.89%
12 Month-22.57%
2 Year-27.06%
3 Year-24.53%
5 Year-17.67%
10 Year0.44%
15 Year41.24%
Volatility
ATR(14)0.93
ATR(20)%2.13%
ATR Inc-18.67%
Range Today0.77
ADR(20)0.88
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.83
Mansfield-1.55
10 Day High46.35
10 Day Low43.04
20 Day High46.83
20 Day Low43.04
52 Week High56.77
52 Week Low39.46
CS1 End40.59
CR1 Start44.66
Volume & EV
DER(3)-1.4%
DER(5)-1.02%
Volume1.10M
Volume Incr19.36%
Vol(5)729.70K
Vol(50)765.67K