BERRY GLOBAL GROUP INC (BERY) Stock Technical Analysis
NYSE:BERY - New York Stock Exchange, Inc. - US08579W1036 - Common Stock - Currency: USD
Taking everything into account, BERY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BERY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BERY did better than 83% of all other stocks. We also observe that the gains produced by BERY over the past year are nicely spread over this period.
BERY is one of the better performing stocks in the Containers & Packaging industry, it outperforms 86% of 24 stocks in the same industry.
BERY is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BERY is leading the market.
BERY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BERY has an average volume of 1510020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BERY also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
60.83
73.46
We found 5 important support areas.
- A support zone ranging from 68.18 to 69.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.61 to 67.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.53 from a horizontal line in the daily time frame.
- A support zone ranging from 64.20 to 64.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.93 to 72.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.71
Mansfield0.68
10 Day High73.75
10 Day Low70.1
20 Day High73.75
20 Day Low65.75
52 Week High73.75
52 Week Low55.24
Performance
1 Week-0.19%
2 Weeks2.28%
1 Month5.77%
3 Month3.14%
6 Month7.51%
12 Month19.1%
2 Year21.97%
3 Year23.95%
5 Year113.11%
10 Year98.51%
15 YearN/A
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)-0.02
RSI(14)59.39
LBB69.6
UBB73.22
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 72.74 | 70.09 | 2.65 (3.64%) | 25.00% |
| An entry @72.74. This is a Buy Stop order right above the resistance zone. | An exit @70.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.65 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
71.84
-0.33 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.46%
1 Week-0.19%
2 Weeks2.28%
1 Month5.77%
3 Month3.14%
6 Month7.51%
12 Month19.1%
2 Year21.97%
3 Year23.95%
5 Year113.11%
10 Year98.51%
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%2%
ATR Inc19.52%
Range Today2.01
ADR(20)1.32
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.71
Mansfield0.68
10 Day High73.75
10 Day Low70.1
20 Day High73.75
20 Day Low65.75
52 Week High73.75
52 Week Low55.24
CS1 End69.44
CR1 Start71.93
Volume & EV
DER(3)-0.66%
DER(5)-0.61%
Volume3.69M
Volume Incr78.62%
Vol(5)2.78M
Vol(50)1.51M