(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 2024-06-28 View latest technical analysis
10 day averaged volume of Packaging Corporation is 555490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 182.56 | 183.01 | 184.69 | 181.51 | 1.881 times |
| 27 Thu Jun 2024 | 183.19 | 185.37 | 185.73 | 180.94 | 1.361 times |
| 26 Wed Jun 2024 | 186.61 | 186.40 | 187.31 | 185.43 | 0.897 times |
| 25 Tue Jun 2024 | 187.41 | 189.96 | 190.76 | 185.74 | 0.921 times |
| 24 Mon Jun 2024 | 189.76 | 184.98 | 191.39 | 184.98 | 1.191 times |
| 21 Fri Jun 2024 | 183.33 | 185.51 | 186.07 | 182.83 | 1.57 times |
| 20 Thu Jun 2024 | 185.45 | 186.69 | 187.26 | 185.04 | 1.052 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 0.902 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 0.902 times |
| 17 Mon Jun 2024 | 185.04 | 183.34 | 185.20 | 182.01 | 0.717 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 182.6, but if it comes above 182.6, then a intra day buy could be more profitable.
If you take a sell trade below 182.6, then use 182.6 as stoploss and 180.4 as target. However if you take a buy trade in stock , then use 182.6 as stoploss and 184.53 as target.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Downside Target | 179.41 |
| Upside Target | 184.76 |
| Upside Target | 186.01 |
| Upside Target | 186.76 |
| Upside Target | 187.26 |
| Upside Target | 190.61 |
| Upside Target | 191.27 |
| Upside Target | 191.39 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 178.54 |
| Downside Intraday Target | 174.51 |
| Upside Intraday Target | 188.99 |
| Upside Intraday Target | 195.41 |
| Upside Intraday Target | 184.96 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 182.56 | 184.98 | 191.39 | 180.94 | 1.774 times |
| 21 Fri Jun 2024 | 183.33 | 185.71 | 187.26 | 182.83 | 2.176 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Packaging Corporation (PKG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 182.56 | 184.06 | 191.39 | 179.73 | 0.939 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 185.15 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 185.15 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.