Stock Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Pactiv Evergreen Inc. - Common stock (NASDAQ:PTVE)
Long-Term Downtrend (-90) - PTVE is in a strong downtrend that is likely to continue. While PTVE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PTVE?
MarketClub looks at technical strength and momentum to determine if the timing is right for PTVE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PTVE
The long-term trend has been DOWN since Mar 7th, 2023 at 10.600
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 10.625
The short-term trend has been DOWN since Mar 7th, 2023 at 11.015
Smart Scan Analysis for PTVE
Based on our trend formula, PTVE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.46||52wk High Date||2022-12-07|
|52wk Low||7.56||52wk Low Date||2023-03-15|
|Average Volume||331,665||Shares Outstanding||177,803|