(PKG) Packaging Corporation complete technical analysis [charts+indicators] | Buy/Sell Packaging Corporation | (PKG) share price targets
Complete technical analysis of Packaging Corporation (PKG) by charts plus indicators, forecast predictions and share price targets for Packaging Corporation (PKG)
Packaging Corporation trades in USA in Consumer Durables sector.
10 day averaged volume of Packaging Corporation is 544560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 179.40 | 180.71 | 180.71 | 178.60 | 0.638 times |
| 09 Thu May 2024 | 180.38 | 178.99 | 180.51 | 178.13 | 0.575 times |
| 08 Wed May 2024 | 178.54 | 178.81 | 179.66 | 178.12 | 0.766 times |
| 07 Tue May 2024 | 179.15 | 176.41 | 180.58 | 176.41 | 1.048 times |
| 06 Mon May 2024 | 176.15 | 177.48 | 177.96 | 175.75 | 1.23 times |
| 03 Fri May 2024 | 176.27 | 176.26 | 177.02 | 174.83 | 0.873 times |
| 02 Thu May 2024 | 175.34 | 175.48 | 176.11 | 174.15 | 0.884 times |
| 01 Wed May 2024 | 174.20 | 173.38 | 176.46 | 172.37 | 1.048 times |
| 30 Tue Apr 2024 | 172.98 | 174.99 | 176.53 | 172.73 | 0.991 times |
| 29 Mon Apr 2024 | 177.05 | 176.35 | 180.69 | 176.35 | 1.673 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 179.7 as stoploss in an intra day sell trade for a target of 176.71. However, stock will show a bullish move above 179.7.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Upside Target | 180.49 |
| Upside Target | 180.69 |
| Upside Target | 180.71 |
| Upside Target | 183.95 |
| Upside Target | 187.99 |
| Upside Target | 190.61 |
| Upside Target | 191.27 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 176.53 |
| Downside Intraday Target | 173.66 |
| Upside Intraday Target | 181.49 |
| Upside Intraday Target | 183.58 |
| Downside Intraday Target | 178.62 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 179.40 | 177.48 | 180.71 | 175.75 | 0.779 times |
| 03 Fri May 2024 | 176.27 | 176.35 | 180.69 | 172.37 | 0.738 times |
| 26 Fri Apr 2024 | 172.85 | 179.64 | 180.49 | 169.00 | 0.812 times |
| 19 Fri Apr 2024 | 179.89 | 185.98 | 187.99 | 177.32 | 1.979 times |
| 12 Fri Apr 2024 | 182.20 | 189.27 | 191.27 | 178.42 | 1.282 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Packaging Corporation (PKG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 179.40 | 173.38 | 180.71 | 172.37 | 0.258 times |
| 30 Tue Apr 2024 | 172.98 | 189.48 | 191.27 | 169.00 | 1.093 times |
| 28 Thu Mar 2024 | 189.78 | 180.47 | 190.61 | 179.41 | 1.035 times |
| 29 Thu Feb 2024 | 181.19 | 166.63 | 183.95 | 159.57 | 0.802 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Packaging Corporation (PKG)
Price action analysis of Packaging Corporation ( (PKG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Packaging Corporation ( (PKG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Packaging Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Packaging Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Packaging Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Packaging Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Packaging Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 176.68 and Packaging Corporation (PKG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Packaging Corporation (PKG) stock. Volume based technical analysis of Packaging Corporation (PKG) stock is negative.
Packaging Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Packaging Corporation ( (PKG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Packaging Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Packaging Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Packaging Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Packaging Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Packaging Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 176.68 and Packaging Corporation (PKG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Packaging Corporation (PKG) stock. Volume based technical analysis of Packaging Corporation (PKG) stock is negative.
Packaging Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.