PACKAGING CORP OF AMERICA (PKG)
US6951561090 - Common Stock
We assign a technical rating of 10 out of 10 to PKG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PKG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PKG is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, PKG also shows a nice and consistent pattern of rising prices.
PKG is part of the Containers & Packaging industry. There are 24 other stocks in this industry. PKG outperforms 91% of them.
PKG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PKG has a been trading in the 225.62 - 248.62 range, which is quite wide. It is currently trading near the high of this range.
Although PKG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
192.99
247.76
We found 4 important support areas.
- A support zone ranging from 239.75 to 241.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @228.65 from a trend line in the daily time frame.
- Support @211.97 from a horizontal line in the daily time frame.
- Support @194.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 245.31 to 245.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.2
Mansfield1.53
10 Day High248.62
10 Day Low234.53
20 Day High248.62
20 Day Low225.62
52 Week High248.62
52 Week Low153.58
Performance
1 Week4.12%
2 Weeks2.43%
1 Month7.82%
3 Month20.36%
6 Month33.48%
12 Month58.13%
2 Year80.51%
3 Year87.84%
5 Year119.21%
10 Year230.24%
15 Year1131.43%
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)0.09
RSI(14)73.69
LBB230.69
UBB246.64
PACKAGING CORP OF AMERICA
NYSE:PKG (11/21/2024, 8:04:00 PM)
Premarket: 245 -0.3 (-0.12%)245.3
+1.2 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.49%
1 Week4.12%
2 Weeks2.43%
1 Month7.82%
3 Month20.36%
6 Month33.48%
12 Month58.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.27
ATR(20)%1.63%
ATR Inc
Range Today3.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High248.62
10 Day Low234.53
20 Day High248.62
20 Day Low225.62
52 Week High248.62
52 Week Low153.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume677.80K
Volume Incr3%
Vol(5)667.42K
Vol(50)565.91K