Stronger Sell Today SEE ranks #2170 as SELL CANDIDATE. Weaker Sell
Today SEE ranks #2170 as SELL CANDIDATE.

SEE stock Sealed Air Corporation

SEE stock
Sealed Air Corporation

Tue 11'th Dec 2018

PERIOD 2018-09-12 - 2018-12-11
CHANGE -0.59%
VOLUME
Sell
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell
Request Prediction
0.00%
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Sealed Air Corporation Stock Analysis

Technical stock analysis for Tue 11'th Dec 2018

Sell candidate since 2018-12-07 Loss -1.46%
Shorts 4.19% ( 2018-11-15 )
Cash n/a
Loans n/a
Beta 1.24
ROA -0.75

Sealed Air Corporation fell by -0.59% in the last day from $34.05 to $33.85 and has now fallen 4 days in a row. The price has fallen in 7 of the last 10 days and is down by -8.56% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -0.04 million shares and in total 1.86 million shares bought and sold for approximately $62.88 million.

Trend

Sealed Air Corporation lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.97% during the next 3 months and, with 90% probability hold a price between $23.33 and $30.89 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Sealed Air Corporation holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $34.96 and $34.54. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday November 23, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

The stock currently holds a RSI14 at 29 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Sealed Air Corporation finds support from accumulated volume at $32.35.

Support: $32.35 Price: $33.85 Resistance: $34.88

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 $1.03 (3.06%) between high and low. For the last week, the stock has had a daily average volatility of 3.27%.

Sealed Air Corporation is oversold on RSI14 (29). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

Sealed Air Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Stronger Sell Today SEE ranks #2170 as SELL CANDIDATE. Weaker Sell
Today SEE ranks #2170 as SELL CANDIDATE.