PACKAGING CORP OF AMERICA (PKG)
US6951561090 - Common Stock
Overall PKG gets a technical rating of 7 out of 10. In the last year, PKG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PKG has a been trading in the 225.30 - 249.88 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PKG is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by PKG over the past year are nicely spread over this period.
PKG is one of the better performing stocks in the Containers & Packaging industry, it outperforms 82% of 24 stocks in the same industry.
PKG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PKG is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
PKG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
197.29
251.35
We found 2 important support areas.
- A support zone ranging from 227.07 to 227.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.28 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 228.38 to 230.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 248.86 to 248.86. 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
CRS85.33
Mansfield0.54
10 Day High240.73
10 Day Low225.3
20 Day High249.88
20 Day Low225.3
52 Week High250.82
52 Week Low159.57
Performance
1 Week-0.16%
2 Weeks-5.02%
1 Month-8.07%
3 Month5.28%
6 Month24.39%
12 Month39.4%
2 Year77.54%
3 Year66.79%
5 Year102.78%
10 Year190.96%
15 Year886.92%
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)-1.5
RSI(14)32.88
LBB222.84
UBB242.93
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 230.49 | 227.06 | 3.43 (1.49%) | 25.00% |
| An entry @230.49. This is a Buy Stop order right above the resistance zone. | An exit @227.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.43 points, which is 1.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- The distance between exit and entry is rather small compared to the average daily movement of PKG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PACKAGING CORP OF AMERICA
NYSE:PKG (12/27/2024, 8:04:00 PM)
After market: 226.57 -0.52 (-0.23%)227.09
-2.36 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.03%
1 Week-0.16%
2 Weeks-5.02%
1 Month-8.07%
3 Month5.28%
6 Month24.39%
12 Month39.4%
2 Year77.54%
3 Year66.79%
5 Year102.78%
10 Year190.96%
15 Year886.92%
Volatility
ATR(14)4.04
ATR(20)%1.75%
ATR Inc-39.39%
Range Today3.25
ADR(20)3.95
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.33
Mansfield0.54
10 Day High240.73
10 Day Low225.3
20 Day High249.88
20 Day Low225.3
52 Week High250.82
52 Week Low159.57
CS1 End227.08
CR1 Start228.38
Volume & EV
DER(3)3.54%
DER(5)2.08%
Volume894.00K
Volume Incr43.06%
Vol(5)931.00K
Vol(50)678.37K