SONOCO PRODUCTS CO (SON) Stock Technical Analysis
NYSE:SON - New York Stock Exchange, Inc. - US8354951027 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SON. SON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than SON.
SON is currently trading in the lower part 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.
In the last month SON has a been trading in the 44.35 - 48.72 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SON is part of the Containers & Packaging industry. There are 24 other stocks in this industry, SON did better than 47% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 47.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.93, a Stop Loss order could be placed below this zone.
More info and screens
45.46
62.41
We found 1 important support area.
- A support zone ranging from 45.92 to 45.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 47.30 to 48.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.94 to 52.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.27 from a horizontal line in the daily time frame.
- Resistance @61.79 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
CRS24.33
Mansfield-1.56
10 Day High48.68
10 Day Low44.36
20 Day High48.72
20 Day Low44.36
52 Week High61.73
52 Week Low44.36
Performance
1 Week2.11%
2 Weeks-0.79%
1 Month-0.97%
3 Month-7.83%
6 Month-15.47%
12 Month-15.68%
2 Year-19.03%
3 Year-18.56%
5 Year-0.81%
10 Year2.11%
15 Year61.66%
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)0.06
RSI(14)52.23
LBB45.89
UBB48.42
47.28
-0.54 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.13%
1 Week2.11%
2 Weeks-0.79%
1 Month-0.97%
3 Month-7.83%
6 Month-15.47%
12 Month-15.68%
2 Year-19.03%
3 Year-18.56%
5 Year-0.81%
10 Year2.11%
15 Year61.66%
Volatility
ATR(14)1.19
ATR(20)%2.4%
ATR Inc-15.41%
Range Today1.65
ADR(20)1.06
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.33
Mansfield-1.56
10 Day High48.68
10 Day Low44.36
20 Day High48.72
20 Day Low44.36
52 Week High61.73
52 Week Low44.36
CS1 End45.93
CR1 Start47.99
Volume & EV
DER(3)1.42%
DER(5)0.76%
Volume834.69K
Volume Incr42.33%
Vol(5)1.17M
Vol(50)833.68K