(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 2024-06-05 View latest technical analysis
10 day averaged volume of Packaging Corporation is 499510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 182.72 | 181.65 | 182.87 | 179.73 | 0.826 times |
| 04 Tue Jun 2024 | 182.03 | 181.63 | 182.87 | 181.38 | 0.819 times |
| 03 Mon Jun 2024 | 182.87 | 184.06 | 184.06 | 180.96 | 0.794 times |
| 31 Fri May 2024 | 183.49 | 181.31 | 183.52 | 181.31 | 1.826 times |
| 30 Thu May 2024 | 181.48 | 179.77 | 181.84 | 179.17 | 0.85 times |
| 29 Wed May 2024 | 179.16 | 180.37 | 180.37 | 178.18 | 0.867 times |
| 28 Tue May 2024 | 180.92 | 183.03 | 184.23 | 180.85 | 0.835 times |
| 24 Fri May 2024 | 183.77 | 181.66 | 183.83 | 179.95 | 0.789 times |
| 23 Thu May 2024 | 180.24 | 181.69 | 181.69 | 179.60 | 1.345 times |
| 22 Wed May 2024 | 181.30 | 181.03 | 182.56 | 181.03 | 0.752 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 182.9 as stoploss in an intra day sell trade for a target of 181.52. However, stock will show a bullish move above 182.9.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Upside Target | 183.31 |
| Upside Target | 183.95 |
| Upside Target | 184.06 |
| 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 | 180.28 |
| Downside Intraday Target | 177.84 |
| Upside Intraday Target | 184.61 |
| Upside Intraday Target | 186.5 |
| Downside Intraday Target | 182.17 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 182.72 | 184.06 | 184.06 | 179.73 | 0.557 times |
| 31 Fri May 2024 | 183.49 | 183.03 | 184.23 | 178.18 | 0.887 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 |
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 |
| 05 Wed Jun 2024 | 182.72 | 184.06 | 184.06 | 179.73 | 0.111 times |
| 31 Fri May 2024 | 183.49 | 173.38 | 184.23 | 172.37 | 0.734 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 mid to longer 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
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 BUY signal for Packaging Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 181.87 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 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 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 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 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 mid to longer 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
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 BUY signal for Packaging Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 181.87 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.