(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 2024-05-29 View latest technical analysis
10 day averaged volume of Packaging Corporation is 503649
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 179.16 | 180.37 | 180.37 | 178.18 | 0.86 times |
| 28 Tue May 2024 | 180.92 | 183.03 | 184.23 | 180.85 | 0.828 times |
| 24 Fri May 2024 | 183.77 | 181.66 | 183.83 | 179.95 | 0.783 times |
| 23 Thu May 2024 | 180.24 | 181.69 | 181.69 | 179.60 | 1.334 times |
| 22 Wed May 2024 | 181.30 | 181.03 | 182.56 | 181.03 | 0.745 times |
| 21 Tue May 2024 | 181.85 | 181.91 | 182.91 | 179.50 | 1.114 times |
| 20 Mon May 2024 | 181.56 | 183.00 | 184.10 | 181.35 | 0.918 times |
| 17 Fri May 2024 | 183.13 | 183.00 | 183.31 | 181.95 | 0.96 times |
| 16 Thu May 2024 | 182.40 | 182.01 | 182.72 | 181.04 | 0.761 times |
| 15 Wed May 2024 | 182.03 | 182.39 | 182.39 | 181.05 | 1.259 times |
My analysis of stock is bearish for shortterm, and stock might move down till 177.3 or till 174.2. Use a stoploss of 179.94 and if the stock hits stoploss, then it can shoot up till 182.54
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Upside Target | 180.69 |
| Upside Target | 180.71 |
| Upside Target | 183.31 |
| Upside Target | 183.95 |
| Upside Target | 184.10 |
| Upside Target | 184.23 |
| Upside Target | 190.61 |
| Upside Target | 191.27 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 176.82 |
| Downside Intraday Target | 174.47 |
| Upside Intraday Target | 182.87 |
| Upside Intraday Target | 186.57 |
| Upside Intraday Target | 180.52 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 179.16 | 183.03 | 184.23 | 178.18 | 0.345 times |
| 24 Fri May 2024 | 183.77 | 183.00 | 184.10 | 179.50 | 1.001 times |
| 17 Fri May 2024 | 183.13 | 179.93 | 183.31 | 179.42 | 1.062 times |
| 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 |
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 |
| 29 Wed May 2024 | 179.16 | 173.38 | 184.23 | 172.37 | 0.645 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 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 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Packaging Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Packaging Corporation in short term but the sell signal is initial and weak.
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. Bears 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 SELL signal for Packaging Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 181.59 and Packaging Corporation (PKG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Packaging Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Packaging Corporation in short term but the sell signal is initial and weak.
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. Bears 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 SELL signal for Packaging Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 181.59 and Packaging Corporation (PKG) stock is trading below this level. This means that stock is falling with high volumes. 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.