PACKAGING CORP OF AMERICA (PKG) Stock Technical Analysis
NYSE:PKG - New York Stock Exchange, Inc. - US6951561090 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to PKG. Although PKG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month PKG has a been trading in the 212.34 - 242.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that PKG is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by PKG over the past year are nicely spread over this period.
PKG is part of the Containers & Packaging industry. There are 24 other stocks in this industry. PKG outperforms 78% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
PKG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PKG is lagging the market.
PKG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
201.58
251.34
2 important support areas can be observed.
- A support zone ranging from 214.23 to 214.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @203.62 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 229.23 to 235.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 240.28 to 242.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @248.85 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.57
Mansfield-0.33
10 Day High242.68
10 Day Low212.34
20 Day High242.68
20 Day Low212.34
52 Week High250.82
52 Week Low159.57
Performance
1 Week-10.45%
2 Weeks-8.91%
1 Month-4.77%
3 Month-6.85%
6 Month8.92%
12 Month32.76%
2 Year50.13%
3 Year42.23%
5 Year123.75%
10 Year182.45%
15 Year872.05%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.71
RSI(14)26.79
LBB216.3
UBB250.61
PACKAGING CORP OF AMERICA
NYSE:PKG (1/30/2025, 8:04:00 PM)
After market: 214.24 0 (0%)214.24
-0.88 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.41%
1 Week-10.45%
2 Weeks-8.91%
1 Month-4.77%
3 Month-6.85%
6 Month8.92%
12 Month32.76%
2 Year50.13%
3 Year42.23%
5 Year123.75%
10 Year182.45%
15 Year872.05%
Volatility
ATR(14)5.3
ATR(20)%2.15%
ATR Inc296.54%
Range Today3.49
ADR(20)4.23
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.57
Mansfield-0.33
10 Day High242.68
10 Day Low212.34
20 Day High242.68
20 Day Low212.34
52 Week High250.82
52 Week Low159.57
CS1 End214.23
CR1 Start229.23
Volume & EV
DER(3)-0.9%
DER(5)-0.78%
Volume1.09M
Volume Incr34.11%
Vol(5)1.13M
Vol(50)804.61K