(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 2024-06-20 View latest technical analysis
10 day averaged volume of Packaging Corporation is 414800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 185.45 | 186.69 | 187.26 | 185.04 | 1.409 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 1.209 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 1.209 times |
| 17 Mon Jun 2024 | 185.04 | 183.34 | 185.20 | 182.01 | 0.96 times |
| 14 Fri Jun 2024 | 182.68 | 183.18 | 184.53 | 182.01 | 0.65 times |
| 13 Thu Jun 2024 | 185.12 | 184.39 | 185.57 | 182.96 | 0.851 times |
| 12 Wed Jun 2024 | 184.81 | 185.43 | 186.01 | 184.32 | 0.762 times |
| 11 Tue Jun 2024 | 184.09 | 184.26 | 184.53 | 182.48 | 0.89 times |
| 10 Mon Jun 2024 | 184.41 | 183.18 | 184.51 | 182.16 | 1.211 times |
| 07 Fri Jun 2024 | 183.58 | 182.15 | 184.76 | 181.44 | 1.177 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 185.2, but if it comes below 185.2, then a intra day sell could be more profitable.
If you take a sell trade below 185.2, then use 185.2 as stoploss and 183.34 as target. However if you take a buy trade in stock , then use 185.2 as stoploss and 187.4 as target.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Downside Target | 178.18 |
| Downside Target | 184.50 |
| Downside Target | 184.76 |
| Upside Target | 186.01 |
| Upside Target | 186.76 |
| Upside Target | 187.26 |
| Upside Target | 190.61 |
| Upside Target | 191.27 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 184.21 |
| Downside Intraday Target | 182.98 |
| Upside Intraday Target | 186.97 |
| Upside Intraday Target | 188.5 |
| Upside Intraday Target | 185.74 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 185.45 | 185.71 | 187.26 | 184.50 | 1.207 times |
| 18 Tue Jun 2024 | 185.88 | 183.34 | 186.76 | 182.01 | 0.497 times |
| 14 Fri Jun 2024 | 182.68 | 183.18 | 186.01 | 182.01 | 0.84 times |
| 07 Fri Jun 2024 | 183.58 | 184.06 | 184.76 | 179.73 | 0.985 times |
| 31 Fri May 2024 | 183.49 | 183.03 | 184.23 | 178.18 | 0.887 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 |
| 20 Thu Jun 2024 | 185.45 | 184.06 | 187.26 | 179.73 | 0.543 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Packaging Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 184.81 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Packaging Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 184.81 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.