(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 2024-08-27 View latest technical analysis
10 day averaged volume of Packaging Corporation is 525419
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 204.91 | 203.74 | 205.12 | 203.53 | 0.854 times |
| 26 Mon Aug 2024 | 204.40 | 204.89 | 206.74 | 203.84 | 0.681 times |
| 23 Fri Aug 2024 | 203.81 | 202.64 | 204.58 | 201.94 | 0.607 times |
| 22 Thu Aug 2024 | 201.79 | 201.84 | 202.22 | 200.27 | 0.534 times |
| 21 Wed Aug 2024 | 201.09 | 198.19 | 201.11 | 197.55 | 0.834 times |
| 20 Tue Aug 2024 | 196.74 | 197.74 | 197.74 | 196.60 | 0.874 times |
| 19 Mon Aug 2024 | 197.01 | 196.86 | 198.26 | 196.41 | 0.789 times |
| 16 Fri Aug 2024 | 196.60 | 195.03 | 196.83 | 194.49 | 2.65 times |
| 15 Thu Aug 2024 | 195.77 | 195.85 | 199.33 | 195.50 | 1.224 times |
| 14 Wed Aug 2024 | 194.34 | 195.20 | 195.39 | 193.38 | 1.02 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 205.9, for a target of 201.3 or 197.57
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 169.00 |
| Downside Target | 176.07 |
| Downside Target | 179.73 |
| Downside Target | 184.23 |
| Downside Target | 189.40 |
| Downside Target | 199.33 |
| Downside Target | 201.74 |
| Downside Target | 201.99 |
| Downside Target | 203.53 |
| Downside Target | 204.58 |
| Upside Target | 206.74 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 203.38 |
| Downside Intraday Target | 201.85 |
| Upside Intraday Target | 206.59 |
| Upside Intraday Target | 208.27 |
| Upside Intraday Target | 205.06 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 204.91 | 204.89 | 206.74 | 203.53 | 0.422 times |
| 23 Fri Aug 2024 | 203.81 | 196.86 | 204.58 | 196.41 | 0.563 times |
| 16 Fri Aug 2024 | 196.60 | 194.43 | 199.33 | 192.03 | 1.343 times |
| 09 Fri Aug 2024 | 194.07 | 194.35 | 198.84 | 189.40 | 1.001 times |
| 02 Fri Aug 2024 | 196.69 | 199.60 | 201.99 | 193.60 | 0.67 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 |
| 27 Tue Aug 2024 | 204.91 | 200.19 | 206.74 | 189.40 | 0.744 times |
| 31 Wed Jul 2024 | 199.87 | 183.33 | 201.74 | 176.07 | 1.276 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Packaging Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Packaging Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 198.63 and Packaging Corporation (PKG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Packaging Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Packaging Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 198.63 and Packaging Corporation (PKG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.