(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 2024-06-21 View latest technical analysis
10 day averaged volume of Packaging Corporation is 428420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 183.33 | 185.51 | 186.07 | 182.83 | 2.036 times |
| 20 Thu Jun 2024 | 185.45 | 186.69 | 187.26 | 185.04 | 1.364 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 1.17 times |
| 18 Tue Jun 2024 | 185.88 | 185.71 | 186.76 | 184.50 | 1.17 times |
| 17 Mon Jun 2024 | 185.04 | 183.34 | 185.20 | 182.01 | 0.93 times |
| 14 Fri Jun 2024 | 182.68 | 183.18 | 184.53 | 182.01 | 0.629 times |
| 13 Thu Jun 2024 | 185.12 | 184.39 | 185.57 | 182.96 | 0.824 times |
| 12 Wed Jun 2024 | 184.81 | 185.43 | 186.01 | 184.32 | 0.738 times |
| 11 Tue Jun 2024 | 184.09 | 184.26 | 184.53 | 182.48 | 0.862 times |
| 10 Mon Jun 2024 | 184.41 | 183.18 | 184.51 | 182.16 | 1.173 times |
Stock of Packaging Corporation (PKG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 181.8 or till 179.8. Use a stoploss of 183.49 and if the stock hits stoploss, then it can shoot up till 185.17
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 169.00 |
| Downside Target | 178.18 |
| Upside Target | 184.23 |
| Upside 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 | 181.69 |
| Downside Intraday Target | 180.04 |
| Upside Intraday Target | 186.12 |
| Upside Intraday Target | 188.9 |
| Upside Intraday Target | 184.47 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 31 Fri May 2024 | 183.49 | 183.03 | 184.23 | 178.18 | 0.887 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 |
| 21 Fri Jun 2024 | 183.33 | 184.06 | 187.26 | 179.73 | 0.622 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term and selling is picking up 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 184.66 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term and selling is picking up 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 184.66 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.