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(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.

10 day averaged volume of Packaging Corporation is 748380

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	179.29	179.64	180.49	176.19	0.921 times
19 Fri Apr 2024	179.89	177.91	180.91	177.69	3.379 times
18 Thu Apr 2024	178.25	179.41	179.41	177.32	0.712 times
17 Wed Apr 2024	178.51	180.90	182.15	178.30	0.857 times
16 Tue Apr 2024	179.58	180.26	181.15	178.53	0.886 times
15 Mon Apr 2024	180.36	185.98	187.99	180.17	0.809 times
12 Fri Apr 2024	182.20	179.47	184.00	178.42	0.69 times
11 Thu Apr 2024	186.28	187.83	188.10	186.25	0.578 times
10 Wed Apr 2024	187.82	188.44	189.03	186.15	0.574 times
09 Tue Apr 2024	189.86	191.03	191.27	187.94	0.606 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 181, but if it comes above 181, then a intra day buy could be more profitable.
If you take a sell trade below 181, then use 181 as stoploss and 175.9 as target. However if you take a buy trade in stock , then use 181 as stoploss and 185.3 as target.

Share price targets for Packaging Corporation (PKG)

Target Type	Value
Downside Target	159.57
Downside Target	171.61
Downside Target	176.19
Upside Target	184.36
Upside Target	186.28
Upside Target	187.99
Upside Target	190.50
Upside Target	190.61
Upside Target	191.27

Intraday share price targets for Packaging Corporation (PKG)

Target Type	Value
Downside Intraday Target	176.82
Downside Intraday Target	174.36
Upside Intraday Target	181.12
Upside Intraday Target	182.96
Downside Intraday Target	178.66

Weekly technical analysis of Packaging Corporation (PKG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	179.29	179.64	180.49	176.19	0.139 times
19 Fri Apr 2024	179.89	185.98	187.99	177.32	1.979 times
12 Fri Apr 2024	182.20	189.27	191.27	178.42	1.282 times
05 Fri Apr 2024	187.67	189.48	190.50	186.28	0.934 times
28 Thu Mar 2024	189.78	184.65	190.61	184.36	0.644 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
22 Mon Apr 2024	179.29	189.48	191.27	176.19	0.742 times
28 Thu Mar 2024	189.78	180.47	190.61	179.41	1.035 times
29 Thu Feb 2024	181.19	166.63	183.95	159.57	0.802 times
31 Wed Jan 2024	165.88	162.95	176.97	161.93	1.248 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 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 Weak 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 weakening, and bulls 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 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 181.2 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.