Technical Analysis for PACK - Ranpak Holdings Corp

Grade Last Price % Change Price Change
D 6.24 -1.89% -0.12
PACK closed down 1.89 percent on Friday, May 31, 2024, on 86 percent of 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 Up Down Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -1.89%
Oversold Stochastic Weakness -1.89%
Gapped Down Weakness -1.89%
Oversold Stochastic Weakness -1.89%
New Downtrend Bearish -2.19%
Oversold Stochastic Weakness -2.19%
NR7 Range Contraction -3.55%
Stochastic Reached Oversold Weakness -3.55%
Earnings Movers Other -3.55%

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Profile

Ranpak Holdings Corp Description

Ranpak Holdings Corp. and its subsidiaries provide product protection solutions for e-commerce and industrial supply chains. The company manufactures and assembles proprietary protective systems that convert kraft paper into a range of packaging and cushioning products to address its customers' needs. Its protective packaging solutions include four categories: Void-Fill, Cushioning, Wrapping, and Line Automation. The Void-Fill protective systems convert paper to fill empty spaces in secondary packages and protect objects. The Cushioning protective systems convert paper into cushioning pads. The Wrapping protective systems create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects. The Line Automation solutions include capital equipment, which can size, pad, fill, flap, lid, tape, and/or label the product in an integrated fashion with the speed and flow of the customer's packaging line. Ranpak Holdings Corp. sells its products to end users primarily through a distributor network, and directly to select end users in North America, Europe, Asia, and other locations. The company was founded in 1972 and is headquartered in Concord Township, Ohio.


Classification

Sector: Industrials
Industry: Conglomerates
Keywords: E Commerce Supply Chain Microeconomics Packaging Capital Equipment Containers Packaging And Labeling Packaging Solutions Automation Solutions Product Protection Solutions Protective Packaging Solutions

Is PACK 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 8.2889
52 Week Low 2.63
Average Volume 478,858
200-Day Moving Average 5.39
50-Day Moving Average 7.14
20-Day Moving Average 6.66
10-Day Moving Average 6.44
Average True Range 0.30
RSI (14) 37.89
ADX 25.54
+DI 16.71
-DI 29.31
Chandelier Exit (Long, 3 ATRs) 6.76
Chandelier Exit (Short, 3 ATRs) 6.74
Upper Bollinger Bands 7.22
Lower Bollinger Band 6.09
Percent B (%b) 0.13
BandWidth 16.99
MACD Line -0.20
MACD Signal Line -0.16
MACD Histogram -0.0371
Fundamentals Value
Market Cap 497.23 Million
Num Shares 79.7 Million
EPS -0.31
Price-to-Earnings (P/E) Ratio -20.13
Price-to-Sales 1.14
Price-to-Book 0.67
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.54
Resistance 3 (R3) 6.56 6.47 6.49
Resistance 2 (R2) 6.47 6.40 6.47 6.47
Resistance 1 (R1) 6.36 6.35 6.32 6.34 6.46
Pivot Point 6.27 6.27 6.25 6.27 6.27
Support 1 (S1) 6.16 6.20 6.12 6.14 6.02
Support 2 (S2) 6.07 6.15 6.07 6.01
Support 3 (S3) 5.96 6.07 5.99
Support 4 (S4) 5.94