(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 2024-07-08 View latest technical analysis
10 day averaged volume of Packaging Corporation is 621570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 179.55 | 177.88 | 179.69 | 177.41 | 0.669 times |
| 05 Fri Jul 2024 | 177.57 | 179.18 | 179.87 | 176.53 | 0.97 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.581 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.581 times |
| 02 Tue Jul 2024 | 177.51 | 178.68 | 179.58 | 176.11 | 1.457 times |
| 01 Mon Jul 2024 | 180.06 | 183.33 | 183.58 | 179.78 | 0.825 times |
| 28 Fri Jun 2024 | 182.56 | 183.01 | 184.69 | 181.51 | 1.681 times |
| 27 Thu Jun 2024 | 183.19 | 185.37 | 185.73 | 180.94 | 1.217 times |
| 26 Wed Jun 2024 | 186.61 | 186.40 | 187.31 | 185.43 | 0.802 times |
| 25 Tue Jun 2024 | 187.41 | 189.96 | 190.76 | 185.74 | 0.823 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 180, but if it comes above 180, then a intra day buy could be more profitable.
If you take a sell trade below 180, then use 180 as stoploss and 176 as target. However if you take a buy trade in stock , then use 180 as stoploss and 183.28 as target.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 169.00 |
| Downside Target | 176.11 |
| 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 | 178.08 |
| Downside Intraday Target | 176.6 |
| Upside Intraday Target | 180.36 |
| Upside Intraday Target | 181.16 |
| Downside Intraday Target | 178.88 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 179.55 | 177.88 | 179.69 | 177.41 | 0.432 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 up 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 |
| 08 Mon Jul 2024 | 179.55 | 183.33 | 183.58 | 176.11 | 0.307 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 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Packaging Corporation in short term but BUY signal is weak.
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 181.34 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 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Packaging Corporation in short term but BUY signal is weak.
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 181.34 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.