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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.

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Packaging Corporation is 445910

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	182.20	179.47	184.00	178.42	1.157 times
11 Thu Apr 2024	186.28	187.83	188.10	186.25	0.971 times
10 Wed Apr 2024	187.82	188.44	189.03	186.15	0.963 times
09 Tue Apr 2024	189.86	191.03	191.27	187.94	1.016 times
08 Mon Apr 2024	190.71	189.27	190.74	187.74	1.526 times
05 Fri Apr 2024	187.67	187.92	188.97	186.88	0.871 times
04 Thu Apr 2024	187.66	189.99	190.50	186.81	0.878 times
03 Wed Apr 2024	188.68	187.39	189.24	187.39	0.923 times
02 Tue Apr 2024	187.50	188.26	188.29	186.28	0.847 times
01 Mon Apr 2024	188.75	189.48	190.07	188.11	0.874 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 183.9, but if it comes above 183.9, then a intra day buy could be more profitable.
If you take a sell trade below 183.9, then use 183.9 as stoploss and 180.6 as target. However if you take a buy trade in stock , then use 183.9 as stoploss and 186.56 as target.

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	188.38
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	176.66
Downside Intraday Target	171.11
Upside Intraday Target	189.51
Upside Intraday Target	196.81
Upside Intraday Target	183.96

Weekly technical analysis of Packaging Corporation (PKG)

Date	Weekly Closing Price	Open	High	Low	Volume
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
15 Fri Mar 2024	182.91	185.52	188.38	181.89	1.131 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
12 Fri Apr 2024	182.20	189.48	191.27	178.42	0.327 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 but buying is losing 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 187.77 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.