SILGAN HOLDINGS INC (SLGN) Stock Technical Analysis
NYSE:SLGN - New York Stock Exchange, Inc. - US8270481091 - Common Stock - Currency: USD
Overall SLGN gets a technical rating of 5 out of 10. SLGN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
SLGN is one of the better performing stocks in the Containers & Packaging industry, it outperforms 82% of 24 stocks in the same industry.
SLGN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SLGN is performing more or less in line with the market.
Looking at the yearly performance, SLGN did better than 78% of all other stocks. We also observe that the gains produced by SLGN over the past year are nicely spread over this period. However, we also see that SLGN couldn't keep up this performance in the last couple of months.
In the last month SLGN has a been trading in the 52.11 - 55.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SLGN 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
42.73
58.12
3 important support areas can be observed.
- Support @51.92 from a horizontal line in the daily time frame.
- A support zone ranging from 50.51 to 50.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 52.69 to 54.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 57.53 to 57.54. 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
CRS78.49
Mansfield0.12
10 Day High55.79
10 Day Low52.51
20 Day High55.79
20 Day Low52.11
52 Week High58.14
52 Week Low41.14
Performance
1 Week-3.39%
2 Weeks-1.88%
1 Month-4.27%
3 Month-4.89%
6 Month4.34%
12 Month18.97%
2 Year-1.86%
3 Year13.93%
5 Year81.5%
10 Year81.21%
15 Year249.79%
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)-0.14
RSI(14)43.09
LBB52.17
UBB55.82
52.67
-1.64 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-3.02%
1 Week-3.39%
2 Weeks-1.88%
1 Month-4.27%
3 Month-4.89%
6 Month4.34%
12 Month18.97%
2 Year-1.86%
3 Year13.93%
5 Year81.5%
10 Year81.21%
15 Year249.79%
Volatility
ATR(14)1.14
ATR(20)%2.08%
ATR Inc58.15%
Range Today2.4
ADR(20)1.04
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.49
Mansfield0.12
10 Day High55.79
10 Day Low52.51
20 Day High55.79
20 Day Low52.11
52 Week High58.14
52 Week Low41.14
CS1 End51.92
CR1 Start52.69
Volume & EV
DER(3)2.59%
DER(5)1.65%
Volume715.10K
Volume Incr-15.34%
Vol(5)689.26K
Vol(50)778.78K