GPK - Graphic Packaging Holding Company

Industry: Packaging & Containers Sector: Consumer Goods Exchange: NYSE

GPK - Graphic Packaging Holding Company

Industry: Packaging & Containers Sector: Consumer Goods Exchange: NYSE
#1033()/7615

Tue 18'th Sep 2018

PERIOD 2018-06-19 - 2018-09-18
CHANGE 2.66%
PRICE $14.69
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

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Graphic Packaging Holding Company Stock Analysis

Technical stock analysis for Tue 18'th Sep 2018

Buy candidate since 2018-09-18
Shorts 5.06% ( 2018-08-31 )
Cash 84.6 mill
Loans 4 549.3 mill
Beta 1.08
ROA 5.06

Graphic Packaging Holding Company gained 2.66% in the last trading day, rising from $14.31 to $14.69 The price has risen in 5 of the last 10 days and is up by 3.74% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.49 million more shares were traded than the day before. In total, 3.27 million shares bought and sold for approximately $48.07 million.

Trend

Graphic Packaging Holding Company has broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $14.60, a level that may pose a second chance to hit a runner. According to fan-theory $15.52 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Graphic Packaging Holding Company holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $14.32 and $14.30. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday September 07, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Thursday September 13, 2018 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Friday September 07, 2018 and based on theory for this formation the price should go up by 0.88% to $15.01 within 5 trading days since signal was issued (Friday September 14, 2018).

Relative Strength Index (RSI)

RSI14 is 57 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Graphic Packaging Holding Company finds support from accumulated volume at $14.40.

Support: $14.40 Price: $14.69 Resistance: $14.87

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.41 (2.90%) between high and low. For the last week, the stock has had a daily average volatility of 1.78%.

Our recommended stoploss: $13.97 (-4.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 7 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Buy Candidate

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GPK $14.69 $0.38(2.66%)
GPK is up $0.38 today, but where's it headed in October?
Zacks Investment Research is releasing its prediction for GPK based on the 1-3 month system that more than doubles the S&P 500.

Click here – the GPK analysis is free »
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