(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 2024-05-30 View latest technical analysis
10 day averaged volume of Packaging Corporation is 481549
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 181.48 | 179.77 | 181.84 | 179.17 | 0.882 times |
| 29 Wed May 2024 | 179.16 | 180.37 | 180.37 | 178.18 | 0.899 times |
| 28 Tue May 2024 | 180.92 | 183.03 | 184.23 | 180.85 | 0.866 times |
| 24 Fri May 2024 | 183.77 | 181.66 | 183.83 | 179.95 | 0.819 times |
| 23 Thu May 2024 | 180.24 | 181.69 | 181.69 | 179.60 | 1.395 times |
| 22 Wed May 2024 | 181.30 | 181.03 | 182.56 | 181.03 | 0.78 times |
| 21 Tue May 2024 | 181.85 | 181.91 | 182.91 | 179.50 | 1.165 times |
| 20 Mon May 2024 | 181.56 | 183.00 | 184.10 | 181.35 | 0.96 times |
| 17 Fri May 2024 | 183.13 | 183.00 | 183.31 | 181.95 | 1.004 times |
| 16 Thu May 2024 | 182.40 | 182.01 | 182.72 | 181.04 | 0.796 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 182.6 as stoploss in an intra day sell trade for a target of 180.31. However, stock will show a bullish move above 182.6.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Downside Target | 180.69 |
| Downside 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 | 178.36 |
| Downside Intraday Target | 175.25 |
| Upside Intraday Target | 184.41 |
| Upside Intraday Target | 187.35 |
| Downside Intraday Target | 181.3 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 181.48 | 183.03 | 184.23 | 178.18 | 0.517 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 |
| 30 Thu May 2024 | 181.48 | 173.38 | 184.23 | 172.37 | 0.673 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Packaging Corporation in short term but the sell 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Packaging Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 181.51 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 positive
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Packaging Corporation in short term but the sell 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Packaging Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 181.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.