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Next Support Level for Bemis Co (BMS) is $42.56

By Shiri Gupta

Shares of Bemis Co (NYSE:BMS) have bearishly opened below the pivot of $42.88 today and have reached the first support level of $42.68. Investors may be interested in a cross of the next downside pivot targets of $42.56 and $42.24.

Potential upside of 0.0% exists for Bemis Co, based on a current level of $0.00 and analysts' average consensus price target of $47.33. The stock should run into initial resistance at its 50-day moving average (MA) of $42.56 and subsequent resistance at its 200-day MA of $44.89.

Over the past year, Bemis Cohas traded in a range of $0.00 to $49.84 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Bemis Co and will alert subscribers who have BMS in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts bemis co

Ticker(s): BMS