Silgan Holdings Stock Technical Analysis

SLGN Stock  USD 47.32  0.09  0.19%   
As of the 25th of April, Silgan Holdings has the Semi Deviation of 1.06, risk adjusted performance of 0.0763, and Coefficient Of Variation of 879.16. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Silgan Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Silgan Holdings, which can be compared to its competition. Please validate Silgan Holdings standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Silgan Holdings is priced more or less accurately, providing market reflects its prevalent price of 47.32 per share. Given that Silgan Holdings has jensen alpha of 0.0928, we advise you to double-check Silgan Holdings's current market performance to make sure the company can sustain itself at a future point.

Silgan Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Silgan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Silgan
  
Silgan Holdings' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Silgan Holdings Analyst Consensus

Target PriceAdvice# of Analysts
50.2Strong Buy11Odds
Silgan Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Silgan analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Silgan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Silgan Holdings, talking to its executives and customers, or listening to Silgan conference calls.
Silgan Analyst Advice Details
Silgan Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Silgan Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Silgan Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Silgan Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Silgan Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Silgan Holdings Trend Analysis

Use this graph to draw trend lines for Silgan Holdings. You can use it to identify possible trend reversals for Silgan Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Silgan Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Silgan Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Silgan Holdings applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Silgan Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 208.22, which is the sum of squared deviations for the predicted Silgan Holdings price change compared to its average price change.

About Silgan Holdings Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Silgan Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Silgan Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Silgan Holdings price pattern first instead of the macroeconomic environment surrounding Silgan Holdings. By analyzing Silgan Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Silgan Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Silgan Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.01260.0160.0202
Price To Sales Ratio0.890.820.49

Silgan Holdings April 25, 2024 Technical Indicators

Most technical analysis of Silgan help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Silgan from various momentum indicators to cycle indicators. When you analyze Silgan charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Silgan Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silgan Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Silgan Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silgan Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.
Note that the Silgan Holdings information on this page should be used as a complementary analysis to other Silgan Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Silgan Stock analysis

When running Silgan Holdings' price analysis, check to measure Silgan Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silgan Holdings is operating at the current time. Most of Silgan Holdings' value examination focuses on studying past and present price action to predict the probability of Silgan Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silgan Holdings' price. Additionally, you may evaluate how the addition of Silgan Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Silgan Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silgan Holdings. If investors know Silgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silgan Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.731
Dividend Share
0.72
Earnings Share
2.98
Revenue Per Share
55.028
Quarterly Revenue Growth
(0.08)
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.