(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 2024-03-05 View latest technical analysis
10 day averaged volume of Packaging Corporation is 736720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 184.48 | 184.79 | 186.05 | 183.73 | 0.811 times |
| 04 Mon Mar 2024 | 185.43 | 183.78 | 188.61 | 182.31 | 1.322 times |
| 01 Fri Mar 2024 | 180.19 | 180.47 | 182.98 | 179.41 | 0.677 times |
| 29 Thu Feb 2024 | 181.19 | 178.00 | 183.95 | 178.00 | 2.473 times |
| 28 Wed Feb 2024 | 176.36 | 174.02 | 176.42 | 173.41 | 0.558 times |
| 27 Tue Feb 2024 | 174.78 | 174.70 | 175.10 | 173.54 | 0.47 times |
| 26 Mon Feb 2024 | 174.08 | 175.30 | 175.30 | 173.09 | 0.605 times |
| 23 Fri Feb 2024 | 175.41 | 173.42 | 175.84 | 173.42 | 0.875 times |
| 22 Thu Feb 2024 | 173.20 | 171.61 | 174.15 | 171.41 | 1.088 times |
| 21 Wed Feb 2024 | 171.54 | 169.52 | 171.65 | 169.50 | 0.934 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 186.5, for a target of 178.7 or 172.16
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 148.50 |
| Downside Target | 159.57 |
| Downside Target | 167.60 |
| Downside Target | 175.84 |
| Downside Target | 176.97 |
| Downside Target | 179.41 |
| Downside Target | 182.31 |
| Downside Target | 183.95 |
| Upside Target | 188.61 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 181.66 |
| Downside Intraday Target | 178.83 |
| Upside Intraday Target | 187.96 |
| Upside Intraday Target | 191.43 |
| Upside Intraday Target | 185.13 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 184.48 | 183.78 | 188.61 | 182.31 | 0.446 times |
| 01 Fri Mar 2024 | 180.19 | 175.30 | 183.95 | 173.09 | 1.229 times |
| 23 Fri Feb 2024 | 175.41 | 167.93 | 175.84 | 167.60 | 1.216 times |
| 16 Fri Feb 2024 | 167.98 | 168.76 | 169.72 | 163.68 | 0.765 times |
| 09 Fri Feb 2024 | 168.33 | 160.26 | 168.39 | 159.57 | 0.601 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 |
| 05 Tue Mar 2024 | 184.48 | 180.47 | 188.61 | 179.41 | 0.157 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 |
| 29 Fri Dec 2023 | 162.91 | 167.52 | 171.61 | 160.68 | 0.926 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 gaining 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 178.62 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 gaining 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 178.62 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.