(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.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Packaging Corporation is 701350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 176.15 | 177.48 | 177.96 | 175.75 | 0.955 times |
| 03 Fri May 2024 | 176.27 | 176.26 | 177.02 | 174.83 | 0.678 times |
| 02 Thu May 2024 | 175.34 | 175.48 | 176.11 | 174.15 | 0.686 times |
| 01 Wed May 2024 | 174.20 | 173.38 | 176.46 | 172.37 | 0.814 times |
| 30 Tue Apr 2024 | 172.98 | 174.99 | 176.53 | 172.73 | 0.769 times |
| 29 Mon Apr 2024 | 177.05 | 176.35 | 180.69 | 176.35 | 1.299 times |
| 26 Fri Apr 2024 | 172.85 | 172.26 | 173.52 | 171.65 | 0.709 times |
| 25 Thu Apr 2024 | 171.25 | 172.70 | 173.11 | 169.79 | 0.773 times |
| 24 Wed Apr 2024 | 173.92 | 171.99 | 174.91 | 171.02 | 1.242 times |
| 23 Tue Apr 2024 | 170.88 | 169.70 | 173.84 | 169.00 | 2.049 times |
My analysis of stock is bearish for shortterm, and stock might move down till 173 or till 166.8. Use a stoploss of 178.15 and if the stock hits stoploss, then it can shoot up till 183.3
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Upside Target | 178.42 |
| Upside Target | 179.41 |
| Upside Target | 180.49 |
| Upside Target | 180.69 |
| 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 | 175.28 |
| Downside Intraday Target | 174.41 |
| Upside Intraday Target | 177.49 |
| Upside Intraday Target | 178.83 |
| Upside Intraday Target | 176.62 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 176.15 | 177.48 | 177.96 | 175.75 | 0.225 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 down 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 |
| 06 Mon May 2024 | 176.15 | 173.38 | 177.96 | 172.37 | 0.147 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 losing momentum.
MACD generated a SELL signal for Packaging Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Packaging Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Packaging Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Packaging Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.84 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 falling down
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 has given negative 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 losing momentum.
MACD generated a SELL signal for Packaging Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Packaging Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Packaging Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Packaging Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.84 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 falling down
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 has given negative 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.