(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 2024-12-20 View latest technical analysis
10 day averaged volume of Packaging Corporation is 642725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 227.98 | 226.15 | 228.84 | 225.78 | 3.042 times |
| 19 Thu Dec 2024 | 227.46 | 229.21 | 232.95 | 226.98 | 1.384 times |
| 18 Wed Dec 2024 | 229.22 | 236.95 | 238.20 | 229.11 | 1.523 times |
| 17 Tue Dec 2024 | 232.55 | 236.23 | 236.92 | 231.93 | 0.885 times |
| 16 Mon Dec 2024 | 237.09 | 238.92 | 239.33 | 236.53 | 0.891 times |
| 13 Fri Dec 2024 | 238.10 | 238.52 | 240.73 | 236.67 | 0.954 times |
| 12 Thu Dec 2024 | 239.09 | 238.17 | 240.43 | 238.06 | 0.662 times |
| 11 Wed Dec 2024 | 238.64 | 239.59 | 239.77 | 237.22 | 1.098 times |
| 10 Tue Dec 2024 | 238.23 | 238.80 | 240.02 | 236.12 | 0.724 times |
| 09 Mon Dec 2024 | 239.63 | 243.94 | 244.95 | 237.85 | 1.03 times |
Stock of Packaging Corporation (PKG) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 232.5, but if it comes above 232.5, then a intra day buy could be more profitable.
If you take a sell trade below 232.5, then use 232.5 as stoploss and 225.1 as target. However if you take a buy trade in stock , then use 232.5 as stoploss and 238.75 as target.
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 189.40 |
| Downside Target | 199.78 |
| Downside Target | 210.11 |
| Downside Target | 217.69 |
| Downside Target | 225.78 |
| Upside Target | 244.01 |
| Upside Target | 244.95 |
| Upside Target | 248.35 |
| Upside Target | 248.62 |
| Upside Target | 250.82 |
Intraday share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Intraday Target | 222.73 |
| Downside Intraday Target | 217.48 |
| Upside Intraday Target | 236.28 |
| Upside Intraday Target | 244.58 |
| Upside Intraday Target | 231.03 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 227.98 | 238.92 | 239.33 | 225.78 | 1.729 times |
| 13 Fri Dec 2024 | 238.10 | 243.94 | 244.95 | 236.12 | 5.25 times |
| 26 Tue Nov 2024 | 248.03 | 247.42 | 248.35 | 244.01 | 0.383 times |
| 26 Tue Nov 2024 | 248.03 | 247.50 | 250.82 | 244.01 | 0.428 times |
| 22 Fri Nov 2024 | 246.39 | 236.71 | 248.62 | 235.63 | 1.125 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Packaging Corporation (PKG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 227.98 | 243.94 | 244.95 | 225.78 | 0.642 times |
| 26 Tue Nov 2024 | 248.03 | 230.96 | 250.82 | 228.66 | 1 times |
| 31 Thu Oct 2024 | 228.94 | 215.20 | 232.98 | 210.55 | 1.132 times |
| 30 Mon Sep 2024 | 215.40 | 207.68 | 217.69 | 199.78 | 0.881 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Packaging Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Packaging Corporation in short term but the sell signal is initial and weak.
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 moving up
CCI has generated a SELL signal for Packaging Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 233.02 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Packaging Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Packaging Corporation in short term but the sell signal is initial and weak.
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 moving up
CCI has generated a SELL signal for Packaging Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 233.02 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.