SEE Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Sealed Air Corp (SEE) is currently trading at $29.54, with an RSI of 29.93, indicating oversold conditions. The stock has recently entered oversold territory, with an RSI reading below 30, suggesting potential buying opportunities. The Fibonacci pivot point is at $30.18, with resistance levels at $31.46 (R1) and $32.25 (R2). The MACD is slightly bearish but showing signs of stabilization.
News Sentiment and Insider Activity:
Recent news highlights that SEE has entered oversold territory, with a current price of $29.54, near its 52-week low of $29.33. Insider buying activity, such as Director Henry R. Keizer's purchase of 1,120 shares at $30.00, indicates confidence in the company's value. Additionally, SEE's annualized dividend of $0.8 per share offers a yield of 2.66%, making it attractive for dividend investors.
Conclusion:
Based on the oversold RSI, Fibonacci levels, and insider buying activity, SEE is likely to experience a short-term rebound. The stock is expected to reach $31.20 by the end of the next trading week. This represents a buying opportunity as the stock approaches its Fibonacci resistance level of $31.46.
Recommendation: Buy SEE with a target price of $31.20.
SEE Similar Chart Price Prediction
The price of SEE is predicted to go up 42.11%, based on the high correlation periods with SKY. The similarity of these two price pattern on the periods is 97.57%.
SEE
SKY
Up: 42.11%Similarity: 97.57%
SEE Revenue Forecast
SEE EPS Forecast
SEE FAQs
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SEE VS S&P500
Sealed Air is well positioned as the leader in food packaging and automation to capitalize on growing food demand from global population increases.
As labor costs rise, companies will seek our Sealed Air for automated packaging solutions to lower labor costs and increase packaging efficiency.
As e-commerce becomes the principal form of retail purchasing, Sealed Air will benefit as customers look for all-in-one packaging solutions.
SEE Analyst's Forecast
Gabe Hajde
Wells Fargo
Buy
2025-02-26
Price Target
$42 → $43
Upside
+27.94%
Wells Fargo analyst Gabe Hajde raised the firm's price target on Sealed Air to $43 from $42 and keeps an Overweight rating on the shares. The firm says Sealed Air's Food recovery is well underway combined with a deep re-shaping of its Protective business. All-in, Wells remains constructive given clear progress being made with line-of-sight to higher revenues/margins.
Stefan Diaz
Morgan Stanley
Hold
2025-01-13
Price Target
$39 → $38
Upside
+12.89%
Joshua Spector
UBS
Hold
2025-01-10
Price Target
$39 → $37
Upside
+11.95%
