PTVEPactiv Evergreen, Inc.
Pactiv Evergreen, Inc.
Trading Signals
Overall Signal
BUY
Strong buyish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $17.92
- Medium Support $17.95
- Weak Support $17.99
Resistance Levels
- Weak Resistance $18.05
- Medium Resistance $18.09
- Strong Resistance $18.12
Stop Loss Suggestions
- Conservative $17.9
- Moderate $17.97
- Aggressive $17.94
Signal Breakdown
| Indicator | Signal | Strength | Timeframe |
|---|---|---|---|
| Moving Averages | BUY |
|
Short & Medium Term |
| Oscillators | SELL |
|
Short Term |
| Trend Indicators | BUY |
|
Medium Term |
| Volume Indicators | BUY |
|
Short & Medium Term |
| Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction
Price Target Probabilities
Quarterly Outlook
Bullish Scenario
30.23% ProbabilityStrong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Base Scenario
44.19% ProbabilityPrice is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Bearish Scenario
25.58% ProbabilityIncreased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Annual Outlook
Bullish Scenario
30.23% ProbabilityLong-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Base Scenario
44.19% ProbabilitySteady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Bearish Scenario
25.58% ProbabilityLong-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (40.14) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (78.41) is in the overbought zone, suggesting potential for price correction. MACD line (1.29) is below Signal line (1.39) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.48, indicating the average weekly price range.
Technical Analysis
Trend Identification
EMA
Exponential Moving Average
Current price (18.02) is above both Short MA (17.90) and Long MA (17.78). This indicates strong bullish momentum. Short MA (17.90) is above Long MA (17.78), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. All MAs are in bullish order (Price > Short MA > Long MA > Very Long MA 16.53). This is a strong bullish alignment. Consider long positions. Use the MAs as dynamic support levels.
MACD
Moving Average Convergence Divergence
MACD line is crossing the Signal line. This is a crucial point, signaling a potential trend change. Monitor closely. Both MACD and Signal lines are above the zero line, reinforcing bullish momentum (bullish territory).
ADX
Average Directional Index
ADX (48.16) indicates a strong trend is present. +DI (30.51) is above -DI (6.86), suggesting a bullish directional bias. This combination points to a strong upward trend. Consider taking long positions, as the strong upward trend is confirmed.
Momentum Measurement
RSI
Relative Strength Index
RSI (81.47) is in the overbought zone. This suggests the asset may be due for a price correction or a trend reversal downwards. Consider profit-taking or short-selling opportunities cautiously.
Stochastic
Stochastic Oscillator
Stochastics (%K: 73.81, %D: 76.03) are in the neutral zone (between 20 and 80). A bearish crossover (%K below %D) is observed, potentially signaling a downward trend reversal or continuation. Stronger signal if this occurs above 50.
CCI
Commodity Channel Index
CCI (186.14) is above +100. This suggests a strong upward momentum and an overbought condition. Consider profit-taking or looking for short entries cautiously. Confirm with price action; if price is making higher highs, momentum is strong. Look for pullbacks to enter long.
MACD
Momentum Perspective
MACD line is crossing the Signal line. This is a crucial point, signaling a potential trend change. Monitor closely. Both MACD and Signal lines are above the zero line, reinforcing bullish momentum (bullish territory).
Volatility Measurement
ATR
Average True Range
Current ATR is 0.0400. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands
Volatility Bands
Current price (18.02) is above the Upper Bollinger Band (18.00). This often indicates an overextended move and a potential reversal downwards, or strong upward momentum ('walking the band'). Bollinger Bands are very narrow. This indicates low volatility and could precede a significant price move (a 'squeeze'). Prepare for a breakout. Consider shorting or taking profit on long positions, but confirm with other indicators.
Volume Analysis
OBV
On-Balance Volume
OBV (22493112.00) is rising, indicating buying pressure and accumulation. Price is rising and OBV is rising. This is bullish confirmation, indicating buying pressure supports the price increase. Consider holding long positions or initiating new ones. Volume is supporting the trend.
Risk Management & Potential Reversals
SAR
Parabolic Stop and Reverse
SAR points below price indicate bullish trend. Current SAR at 17.90 is 0.67% from price. Consider SAR as a potential stop-loss level to protect gains in an uptrend.
RSI
Reversal Perspective
Current RSI level suggests overbought conditions, indicating potential for a bearish reversal. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Stochastic
Approaching Overbought
Stochastic is approaching overbought territory (73.8). No reversal signal yet. Monitor for potential bearish crossover (K below D) or entry into overbought (80+) followed by reversal.
Bollinger Bands
Reversal Perspective
Bollinger Bands are narrowing, indicating low volatility and a potential 'squeeze'. This often precedes a significant price move.Price is above the upper band, indicating overbought conditions or strong upward momentum. Expect a potential pullback or trend exhaustion.