SONOCO PRODUCTS CO (SON) Stock Technical Analysis
USA - NYSE:SON - US8354951027 - Common Stock
47.79 USD
+0.58 (+1.23%)
48.1 USD
+0.31 (+0.65%)
We assign a technical rating of 4 out of 10 to SON. In the last year, SON was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
77% of all other stocks performed better in the past year than SON.
SON is one of the lesser performing stocks in the Containers & Packaging industry. 66% of 22 stocks in the same industry do better.
In the last month SON has a been trading in the 44.81 - 48.11 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SON is lagging the market.
SON has an average technical rating and it also does not offer a high 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
42.61
49.71
We found 3 important support areas.
- Support @47.54 from a trend line in the weekly time frame.
- A support zone ranging from 45.29 to 46.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.04 to 43.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.88 to 49.22. 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 | NEUTRAL | NEUTRAL | The long term trend for SON is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SON is neutral. |
| ChartMill Relative Strength | 23.86 | NEGATIVE | SON has a low relative strength, it was outperformed by 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.96 | NEUTRAL | The RSI value for SON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SON has a positive trend. |
| Stochastics (14,3) | 69.17 | NEUTRAL | The Stochastics value for SON is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SON suggests low volalility. |
| Average Directional Index/ADX (14) | 14.39 | 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)
47.79
+0.58 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.23%
1 Week3.4%
2 Weeks2.25%
1 Month3.87%
3 Month7.64%
6 Month4.73%
12 Month-13.22%
2 Year-12.07%
3 Year-15.76%
5 Year-6.42%
10 Year26.63%
15 Year42.91%
Volatility
ATR(14)0.86
ATR(20)%1.91%
ATR Inc38.89%
Range Today0.99
ADR(20)0.87
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.86
Mansfield-0.99
10 Day High47.89
10 Day Low44.81
20 Day High48.11
20 Day Low44.81
52 Week High56.36
52 Week Low39.46
CS1 End47.54
CR1 Start47.88
Volume & EV
DER(3)3.49%
DER(5)1.77%
Volume852.90K
Volume Incr4.34%
Vol(5)890.58K
Vol(50)941.86K