Ball Corporation (BLL)

Purchase Info

Stock Price History

Stock Price Video

Play Video

Our View

Ball Corp is the world’s leading manufacturer of home canning and aluminum packaging for beverages, household products, and personal care products. The company also has an aerospace division providing high-tech products to commercial and government customers. Ball Corp’s experience, market leadership, and strong heritage make it a formidable player in the industries where it has a presence. As a result, its long-term prospects are bright.

The long-term monthly chart for Ball Corp shows a decade-long uptrend that accelerated post-2018. Despite the pandemic, the stock continues to make higher highs and higher lows. The most recent pullback occurred in late-2020 and early-2021 when the price fell by about 20%. However, since 2018, the price has been bound within a clear trend channel. The $82 level is an important one, having previously acted as a resistance and providing support. The price in April 2021 bounced up from close to the $82 level and now looks set to retest the $100 levels again. A minimum stop loss can be placed around the $78 mark below the bottom of the long-term trend.

Position entered into our long-term tracking portfolio today. The entry point is $90.93, and a stop-loss placed $76.73, which is 16 % below the entry point. The short-term to medium take profit at the top of the trend is set at $106.18, giving a profit of 17%.

Data Explained

On the video and images above you will see the reason this stock was selected.

You will see the image is of a monthly chart of the stock showing the long-term upwards trend formed over the years. You will also see the entry point and the where the stop loss is placed. For more information please watch the video given.

Once it is time to move the original stop loss up you will see an additional image.

Trading Platforms

If you are interested in purchasing the above stock please click here to view some trading platforms.