SONOCO PRODUCTS CO (SON)
US8354951027 - Common Stock
We assign a technical rating of 3 out of 10 to SON. SON performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SON is a bad performer in the overall market: 68% of all stocks are doing better.
SON is one of the lesser performing stocks in the Containers & Packaging industry. 68% of 23 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SON is currently trading in the middle 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 slightly.
In the last month SON has a been trading in a tight range between 55.61 and 58.38.
Although the technical rating is bad, SON does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 57.08, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
51.62
65.52
We found 4 important support areas.
- A support zone ranging from 56.86 to 57.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.49 to 55.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @54.60 from a horizontal line in the daily time frame.
- Support @52.14 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 57.48 to 58.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @59.71 from a horizontal line in the daily time frame.
- Resistance @60.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 62.95 to 63.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @64.87 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.88
Mansfield-0.74
10 Day High58.38
10 Day Low55.61
20 Day High58.38
20 Day Low55.61
52 Week High63.74
52 Week Low49.98
Performance
1 Week1.38%
2 Weeks-0.1%
1 Month-0.28%
3 Month-0.44%
6 Month12.09%
12 Month-7.57%
2 Year-7.75%
3 Year-12.76%
5 Year-9.44%
10 Year35.72%
15 Year133.96%
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)-0.1
RSI(14)51.12
LBB55.65
UBB58.45
SONOCO PRODUCTS CO
NYSE:SON (4/19/2024, 7:17:03 PM)
After market: 57.11 0 (0%)57.11
+0.71 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.26%
1 Week1.38%
2 Weeks-0.1%
1 Month-0.28%
3 Month-0.44%
6 Month12.09%
12 Month-7.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%1.53%
ATR Inc
Range Today0.97
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 High58.38
10 Day Low55.61
20 Day High58.38
20 Day Low55.61
52 Week High63.74
52 Week Low49.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume423.70K
Volume Incr-16.25%
Vol(5)394.88K
Vol(50)459.80K