PACKAGING CORP OF AMERICA (PKG)

US6951561090 - Common Stock

198.17  +3.93 (+2.02%)

Technical Rating and Analysis

10

Overall PKG gets a technical rating of 10 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PKG is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, PKG also shows a nice and consistent pattern of rising prices.
PKG is one of the better performing stocks in the Containers & Packaging industry, it outperforms 95% of 22 stocks in the same industry.
PKG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PKG is leading the market.
In the last month PKG has a been trading in the 176.07 - 199.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PKG Weekly chart
PKG Daily chart
Setup Rating and Analysis

2

Although PKG has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

152.41

200.15

We found 5 important support areas.

  • A support zone ranging from 194.25 to 194.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 184.24 to 185.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 178.47 to 180.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 169.71 to 172.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @153.95 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.78
Mansfield0.4
10 Day High199
10 Day Low181.76
20 Day High199
20 Day Low176.07
52 Week High199
52 Week Low143.82
Performance
1 Week0.87%
2 Weeks6.28%
1 Month4.09%
3 Month12.37%
6 Month12.96%
12 Month27.1%
2 Year38.14%
3 Year37.27%
5 Year92.37%
10 Year193.59%
15 Year887.49%
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)1.06
RSI(14)66.06
LBB176.02
UBB199.64
PKG Daily chart

PACKAGING CORP OF AMERICA

NYSE:PKG (7/26/2024, 11:50:05 AM)

198.17

+3.93 (+2.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.02%
1 Week0.87%
2 Weeks6.28%
1 Month4.09%
3 Month12.37%
6 Month12.96%
12 Month27.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.79
ATR(20)%1.97%
ATR Inc
Range Today3.72
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 High199
10 Day Low181.76
20 Day High199
20 Day Low176.07
52 Week High199
52 Week Low143.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume322.49K
Volume Incr30.9%
Vol(5)775.58K
Vol(50)549.19K