Notes:
* Strong up trend on all time frames
* Good earnings in the recent quarters
* Pays out dividends
* Recently bounce off of its 200 day line and now pushing off of its 50 day line
* Also printed a Pocket Pivot indicating institutional demand
Technicals:
Sector: Consumer Cyclical - Packaging & Containers
Relative Strength vs. Sector: 1.2
Relative Strength vs. SP500: 1.37
U/D Ratio: 1.46
Base Depth: 17.74%
Distance from breakout buy point: -4.42%
Volume 54.56% above its 15 day avg.
Trade Idea:
* You can enter now as the price seems to be pushing higher from the 50 day line and is currently offering a low risk entry
* If you're looking for a better entry you can look for one around the $21.10 area
* This stock usually has local tops when the price closes around 8.52% above its 50 EMA
* Consider selling into strength if the price closes 8.32% to 8.72% (or higher) above its 50 EMA
* The last closing price is 3.59% away from its 50 EMA
* Strong up trend on all time frames
* Good earnings in the recent quarters
* Pays out dividends
* Recently bounce off of its 200 day line and now pushing off of its 50 day line
* Also printed a Pocket Pivot indicating institutional demand
Technicals:
Sector: Consumer Cyclical - Packaging & Containers
Relative Strength vs. Sector: 1.2
Relative Strength vs. SP500: 1.37
U/D Ratio: 1.46
Base Depth: 17.74%
Distance from breakout buy point: -4.42%
Volume 54.56% above its 15 day avg.
Trade Idea:
* You can enter now as the price seems to be pushing higher from the 50 day line and is currently offering a low risk entry
* If you're looking for a better entry you can look for one around the $21.10 area
* This stock usually has local tops when the price closes around 8.52% above its 50 EMA
* Consider selling into strength if the price closes 8.32% to 8.72% (or higher) above its 50 EMA
* The last closing price is 3.59% away from its 50 EMA
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.