(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 520170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 178.25 | 179.41 | 179.41 | 177.32 | 1.024 times |
| 17 Wed Apr 2024 | 178.51 | 180.90 | 182.15 | 178.30 | 1.232 times |
| 16 Tue Apr 2024 | 179.58 | 180.26 | 181.15 | 178.53 | 1.275 times |
| 15 Mon Apr 2024 | 180.36 | 185.98 | 187.99 | 180.17 | 1.164 times |
| 12 Fri Apr 2024 | 182.20 | 179.47 | 184.00 | 178.42 | 0.992 times |
| 11 Thu Apr 2024 | 186.28 | 187.83 | 188.10 | 186.25 | 0.832 times |
| 10 Wed Apr 2024 | 187.82 | 188.44 | 189.03 | 186.15 | 0.826 times |
| 09 Tue Apr 2024 | 189.86 | 191.03 | 191.27 | 187.94 | 0.871 times |
| 08 Mon Apr 2024 | 190.71 | 189.27 | 190.74 | 187.74 | 1.308 times |
| 05 Fri Apr 2024 | 187.67 | 187.92 | 188.97 | 186.88 | 0.747 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 177.4, for a target of 182 or 185.82
Share price targets for Packaging Corporation (PKG)
| Target Type | Value |
| Downside Target | 159.57 |
| Downside Target | 171.61 |
| Downside Target | 176.97 |
| Upside Target | 186.28 |
| Upside Target | 186.54 |
| 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 | 174.38 |
| Downside Intraday Target | 170.52 |
| Upside Intraday Target | 185.05 |
| Upside Intraday Target | 191.86 |
| Upside Intraday Target | 181.19 |
Weekly technical analysis of Packaging Corporation (PKG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 178.25 | 185.98 | 187.99 | 177.32 | 0.972 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 |
| 22 Fri Mar 2024 | 184.72 | 182.38 | 186.54 | 180.54 | 0.786 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 |
| 18 Thu Apr 2024 | 178.25 | 189.48 | 191.27 | 177.32 | 0.506 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 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 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 getting stronger in this stock.
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 183.74 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 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 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 getting stronger in this stock.
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 183.74 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.