Technical Analysis for SON - Sonoco Products Company

Grade Last Price % Change Price Change
F 50.31 -0.81% -0.41
SON closed down 0.81 percent on Monday, July 1, 2024, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -0.81%
Down 3 Days in a Row Weakness -0.81%
Down 4 Days in a Row Weakness -0.81%
Down 5 Days in a Row Weakness -0.81%
Oversold Stochastic Weakness -0.81%

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Profile

Sonoco Products Company Description

Sonoco Products Company engages in the manufacture and sale of industrial and consumer packaging products in the United States, Europe, Canada, and other regions. The company operates in four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment provides round composite cans, shaped rigid paperboard containers, fiber caulk/adhesive tubes, plastic bottles, jars, jugs, cups, and trays, printed flexible packaging, rotogravure cylinder engraving, and global brand management products, as well as aluminum, steel, and peelable membrane easy-open closures for composite and metal cans. The Paper and Industrial Converted Products segment offers recycled paperboards, chipboards, tubeboards, lightweight corestocks, boxboards, linerboards, corrugating medium products, and specialty grades; and paperboard tubes and cores, concrete forms, pallets, molded plugs, and reels; as well as engages in the collection, processing, and recycling of old corrugated containers, paper, plastics, metal, glass, and other recyclable materials. The Display and Packaging segment provides point-of-purchase displays, custom packaging, fulfillment, primary package filling, supply chain management, and paperboard specialty products and services. The Protective Solutions segment offers engineered, custom-designed protective, temperature-assurance, and retail security packaging solutions. The company, formerly known as Southern Novelty Company, was founded in 1899 and is based in Hartsville, South Carolina.


Classification

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: Supply Chain Management Steel Plastic Metals Recycling Fulfillment Packaging Materials Brand Management Containers Paperboard Packaging Products Paper Packaging And Labeling Packaging Solutions Corrugated Fiberboard Labels Protective Solutions

Is SON a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 61.73
52 Week Low 49.0937
Average Volume 709,869
200-Day Moving Average 55.53
50-Day Moving Average 57.66
20-Day Moving Average 56.54
10-Day Moving Average 53.63
Average True Range 1.27
RSI (14) 15.97
ADX 38.56
+DI 7.43
-DI 39.98
Chandelier Exit (Long, 3 ATRs) 57.93
Chandelier Exit (Short, 3 ATRs) 53.83
Upper Bollinger Bands 63.72
Lower Bollinger Band 49.36
Percent B (%b) 0.07
BandWidth 25.40
MACD Line -2.17
MACD Signal Line -1.35
MACD Histogram -0.8265
Fundamentals Value
Market Cap 4.93 Billion
Num Shares 98 Million
EPS 4.96
Price-to-Earnings (P/E) Ratio 10.14
Price-to-Sales 0.82
Price-to-Book 2.39
PEG Ratio 3.73
Dividend 2.00
Dividend Yield 3.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 52.02
Resistance 3 (R3) 52.12 51.64 51.74
Resistance 2 (R2) 51.64 51.21 51.60 51.64
Resistance 1 (R1) 50.98 50.94 50.74 50.88 51.54
Pivot Point 50.50 50.50 50.39 50.46 50.50
Support 1 (S1) 49.84 50.07 49.60 49.74 49.08
Support 2 (S2) 49.36 49.80 49.32 48.98
Support 3 (S3) 48.70 49.36 48.89
Support 4 (S4) 48.60