Is the bullish run coming to an end? Sealed Air closed at $46.62 (-0.53%)

Though in the midst of a 12 day uptrend, gaining a total of 9.21%, ($4.18), Yesterday's session suggests run might be coming to an end — the Cryovac and Bubble Wrap developer has recovered almost all of its session losses after dipping down to $46 yesterday.

Sealed Air Corp made an initial break below its 5 day Simple Moving Average at $46.28, a possible indication of a forthcoming negative trend. Sealed Air's upper Bollinger Band® is at $47.49 which indicates a further downward move may follow. Despite this, although Sealed Air is pointing down today (was as low as $46), it's climbing away from the $46.14 support line and is now 48 cents above it.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Sealed Air.

On the other hand, positive performances could be seen by looking at other consumer discretionary stocks as Nike traded at $121.91 after closing yesterday's trading day at $120.22 (up 1.41%). Walt Disney was up 0.84%.

Moreover, United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC.

Furthermore, United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Core Consumer Prices figure is projected at 0.4%. It previously stood at 0.5%; data will be released tomorrow at 12:30 UTC.

The Cryovac and Bubble Wrap developer is now trading 13.51% below its 3-month high of $69.13.