(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 2024-07-09 View latest technical analysis
10 day averaged volume of Packaging Corporation is 597030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 176.32 | 178.83 | 179.87 | 176.07 | 0.854 times |
| 08 Mon Jul 2024 | 179.55 | 177.88 | 179.69 | 177.41 | 0.697 times |
| 05 Fri Jul 2024 | 177.57 | 179.18 | 179.87 | 176.53 | 1.01 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.604 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.604 times |
| 02 Tue Jul 2024 | 177.51 | 178.68 | 179.58 | 176.11 | 1.517 times |
| 01 Mon Jul 2024 | 180.06 | 183.33 | 183.58 | 179.78 | 0.859 times |
| 28 Fri Jun 2024 | 182.56 | 183.01 | 184.69 | 181.51 | 1.75 times |
| 27 Thu Jun 2024 | 183.19 | 185.37 | 185.73 | 180.94 | 1.267 times |
| 26 Wed Jun 2024 | 186.61 | 186.40 | 187.31 | 185.43 | 0.835 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 174.9, for a target of 179.3 or 182.89
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 169.00 |
| Downside Target | 176.07 |
| Upside Target | 182.83 |
| Upside Target | 183.58 |
| Upside Target | 184.23 |
| 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 | 174.97 |
| Downside Intraday Target | 173.62 |
| Upside Intraday Target | 178.77 |
| Upside Intraday Target | 181.22 |
| Upside Intraday Target | 177.42 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 176.32 | 177.88 | 179.87 | 176.07 | 0.961 times |
| 05 Fri Jul 2024 | 177.57 | 178.12 | 180.98 | 176.53 | 0.542 times |
| 03 Wed Jul 2024 | 179.58 | 183.33 | 183.58 | 176.11 | 0.512 times |
| 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 |
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 |
| 09 Tue Jul 2024 | 176.32 | 183.33 | 183.58 | 176.07 | 0.356 times |
| 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Packaging Corporation in short term and the sell signal is strong.
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 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 180.39 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Packaging Corporation ( (PKG) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Packaging Corporation in short term and the sell signal is strong.
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 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 180.39 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.