(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 2024-07-10 View latest technical analysis
10 day averaged volume of Packaging Corporation is 596870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 179.67 | 177.93 | 179.76 | 177.58 | 0.724 times |
| 09 Tue Jul 2024 | 176.32 | 178.83 | 179.87 | 176.07 | 0.855 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 | 1.011 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.605 times |
| 03 Wed Jul 2024 | 179.58 | 178.12 | 180.98 | 178.12 | 0.605 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 |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 179 as stoploss in an intra day buy trade for a target of 182.64. However, stock will show a bearish move below 179.
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 | 177.2 |
| Downside Intraday Target | 174.74 |
| Upside Intraday Target | 181 |
| Upside Intraday Target | 182.34 |
| Downside Intraday Target | 178.54 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 179.67 | 177.88 | 179.87 | 176.07 | 1.409 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 |
| 10 Wed Jul 2024 | 179.67 | 183.33 | 183.58 | 176.07 | 0.398 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 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 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 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.
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 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 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 179.81 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 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 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 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.
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 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 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 179.81 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.