SONOCO PRODUCTS CO (SON)

US8354951027 - Common Stock

51.29  +0.73 (+1.44%)

After market: 51.29 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, SON scores 0 out of 10 in our technical rating. SON 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.
82% of all other stocks performed better in the past year than SON.
SON is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 85% are performing better than SON.
SON 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.
SON 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.
Weekly and Daily overview Charts
SON Weekly chart
SON Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

47.84

65.51

When analyzing the support we notice one important area.

  • A support zone ranging from 48.32 to 48.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 51.30 to 51.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @58.04 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 61.08 to 61.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @64.86 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-2.18
10 Day High51.78
10 Day Low48.22
20 Day High57.81
20 Day Low48.22
52 Week High61.73
52 Week Low48.22
Performance
1 Week6.12%
2 Weeks1.95%
1 Month-10.46%
3 Month-10.19%
6 Month-10.58%
12 Month-12.04%
2 Year-19.22%
3 Year-19.6%
5 Year-14.56%
10 Year31.04%
15 Year93.69%
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)0.29
RSI(14)41.71
LBB47.83
UBB52.21
SON Daily chart

SONOCO PRODUCTS CO

NYSE:SON (7/16/2024, 6:51:55 PM)

After market: 51.29 0 (0%)

51.29

+0.73 (+1.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.44%
1 Week6.12%
2 Weeks1.95%
1 Month-10.46%
3 Month-10.19%
6 Month-10.58%
12 Month-12.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.07
ATR(20)%2.5%
ATR Inc
Range Today1.14
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 High51.78
10 Day Low48.22
20 Day High57.81
20 Day Low48.22
52 Week High61.73
52 Week Low48.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume401.77K
Volume Incr-38.29%
Vol(5)678.15K
Vol(50)788.52K