BERRY GLOBAL GROUP INC (BERY)
US08579W1036 - Common Stock
Taking everything into account, BERY scores 6 out of 10 in our technical rating. Although BERY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BERY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BERY is lagging the market slightly.
In the last month BERY has a been trading in the 64.65 - 72.50 range, which is quite wide. It is currently trading near the high of this range.
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 1184270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BERY outperforms 53% of them, which is more or less in line with the market.
BERY is part of the Containers & Packaging industry. There are 24 other stocks in this industry, BERY did better than 56% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BERY 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
53.83
71.66
We found 8 important support areas.
- Support @70.30 from a horizontal line in the daily time frame.
- A support zone ranging from 66.80 to 68.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.79 to 65.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @61.77 from a trend line in the daily time frame.
- Support @60.57 from a horizontal line in the daily time frame.
- Support @58.91 from a trend line in the weekly time frame.
- Support @57.61 from a horizontal line in the daily time frame.
- Support @54.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.94 to 70.95. This zone is formed by a combination of multiple trend lines 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
CRS53.89
Mansfield-0.08
10 Day High72.5
10 Day Low65.61
20 Day High72.5
20 Day Low64.65
52 Week High72.5
52 Week Low54.06
Performance
1 Week6.94%
2 Weeks5.43%
1 Month3.56%
3 Month5.49%
6 Month19.37%
12 Month9.73%
2 Year21.04%
3 Year2.72%
5 Year51.92%
10 Year145.09%
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)0.16
RSI(14)60.58
LBB64.32
UBB70.93
BERRY GLOBAL GROUP INC
NYSE:BERY (11/21/2024, 8:14:38 PM)
After market: 70.93 0 (0%)70.93
+1.93 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.8%
1 Week6.94%
2 Weeks5.43%
1 Month3.56%
3 Month5.49%
6 Month19.37%
12 Month9.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.23
ATR(20)%2.77%
ATR Inc
Range Today1.71
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 High72.5
10 Day Low65.61
20 Day High72.5
20 Day Low64.65
52 Week High72.5
52 Week Low54.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.37M
Volume Incr418.8%
Vol(5)4.70M
Vol(50)1.18M