Technical Analysis for PKG - Packaging Corporation of America

Grade Last Price % Change Price Change
D 182.40 0.20% 0.37
PKG closed up 0.21 percent on Wednesday, May 15, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.20%
MACD Bullish Centerline Cross Bullish 0.20%
NR7 Range Contraction 0.20%
Narrow Range Bar Range Contraction 0.20%
Inside Day Range Contraction 0.20%
Overbought Stochastic Strength 0.20%
Up 3 Days in a Row Strength 0.20%
50 DMA Resistance Bearish 0.42%
Gapped Up Strength 0.42%
Overbought Stochastic Strength 0.42%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 4 hours ago
Outside Day about 5 hours ago
Fell Below Previous Day's Low about 5 hours ago
Rose Above Previous Day's High about 6 hours ago
Fell Below 50 DMA about 6 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Packaging Corporation of America engages in the manufacture and sale of containerboard and corrugated packaging products for industrial and consumer markets in the United States. The company's corrugated packaging products include conventional shipping containers used to protect and transport manufactured goods, multi-color boxes, and merchandising displays that help to promote packaged product in retail locations. It also offers meat boxes and wax-coated boxes for the agricultural industry. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Classification

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: S&P 500 Freight Transport Merchandising Manufactured Goods Containers Packaging Products Paper Packaging And Labeling Shipping Container Containerboard Corrugated Fiberboard

Is PKG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 191.27
52 Week Low 118.3962
Average Volume 633,638
200-Day Moving Average 162.75
50-Day Moving Average 181.98
20-Day Moving Average 177.04
10-Day Moving Average 179.03
Average True Range 3.09
RSI (14) 56.71
ADX 17.42
+DI 27.12
-DI 17.81
Chandelier Exit (Long, 3 ATRs) 173.15
Chandelier Exit (Short, 3 ATRs) 178.26
Upper Bollinger Bands 183.84
Lower Bollinger Band 170.25
Percent B (%b) 0.87
BandWidth 7.68
MACD Line 0.09
MACD Signal Line -0.87
MACD Histogram 0.9571
Fundamentals Value
Market Cap 16.31 Billion
Num Shares 89.6 Million
EPS 8.48
Price-to-Earnings (P/E) Ratio 21.47
Price-to-Sales 1.93
Price-to-Book 3.88
PEG Ratio 3.95
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 184.04
Resistance 3 (R3) 183.94 183.16 183.71
Resistance 2 (R2) 183.16 182.65 183.22 183.59
Resistance 1 (R1) 182.60 182.34 182.21 182.70 183.48
Pivot Point 181.82 181.82 181.63 181.88 181.82
Support 1 (S1) 181.26 181.31 180.87 181.36 180.58
Support 2 (S2) 180.48 181.00 180.54 180.47
Support 3 (S3) 179.92 180.48 180.36
Support 4 (S4) 180.02