Ball Corp. (BLL)
Move cursor over the icon to see details.
|It was the negative week for the Ball Corp. (BLL). During the week, the BLL dropped -5.75 points, or -6.71%, and closed at 80.00 on Friday, July 23, 2021. Weekly volume was 25% above average. |
BLL is a member of Materials Sector. Materials is the second most oversold sector. BLL is a member of Metal & Glass Containers Industry. Metal & Glass Containers is the ninth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BLL long-term trend chart]
A long-term downtrend had started on November 9, 2020 at 102.76 and reached 78.43 on July 23, 2021. BLL lost 24.33 points, or 23.68%, in 36 weeks. The price is now at the 6.45% retracement level.
Medium-term trend: [See BLL medium-term trend chart]
A medium-term downtrend had started on April 26, 2021 at 94.29 and reached 78.43 on July 23, 2021. BLL lost 15.86 points, or 16.82%, in 12 weeks. The price is now at the 9.90% retracement level.
Weekly Technical Indicators: [See BLL weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 14, 2021. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See BLL short-term trend chart]
A short-term downtrend had started on July 16, 2021 at 86.68 and reached 78.43 on July 23, 2021. BLL lost 8.25 points, or 9.52%, in 7 days. The price is now at the 19.03% retracement level.
Daily Technical Indicators: [See BLL daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.