Technical Analysis for PKG - Packaging Corporation of America

Grade Last Price % Change Price Change
B 142.19 2.52% 3.50
PKG closed up 0.2 percent on Monday, January 30, 2023, on 1.28 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 2.52%
Calm After Storm Range Contraction 2.52%
Stochastic Reached Overbought Strength 2.52%
Upper Bollinger Band Walk Strength 2.52%
Multiple of Ten Bearish Other 2.52%
Overbought Stochastic Strength 2.52%
Upper Bollinger Band Touch Strength 2.52%
200 DMA Support Bullish 2.73%
Calm After Storm Range Contraction 2.73%
Doji - Bearish? Reversal 2.73%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 2 hours ago
Up 1 ATR about 3 hours ago
Gap Up Closed about 6 hours ago
Upper Bollinger Band Resistance about 6 hours ago
Reversed from Up about 6 hours ago

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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 Paper Packaging Products 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 168.45
52 Week Low 110.555
Average Volume 596,292
200-Day Moving Average 137.13
50-Day Moving Average 132.42
20-Day Moving Average 132.68
10-Day Moving Average 133.36
Average True Range 3.38
RSI 63.10
ADX 15.46
+DI 37.39
-DI 21.33
Chandelier Exit (Long, 3 ATRs) 130.82
Chandelier Exit (Short, 3 ATRs) 137.14
Upper Bollinger Bands 139.05
Lower Bollinger Band 126.31
Percent B (%b) 0.97
BandWidth 9.60
MACD Line 1.41
MACD Signal Line 0.74
MACD Histogram 0.6703
Fundamentals Value
Market Cap 13.15 Billion
Num Shares 94.8 Million
EPS 4.97
Price-to-Earnings (P/E) Ratio 27.91
Price-to-Sales 1.86
Price-to-Book 3.90
PEG Ratio 1.83
Dividend 3.16
Dividend Yield 2.28%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 143.75
Resistance 3 (R3) 143.95 142.46 142.91
Resistance 2 (R2) 142.46 141.17 142.36 142.63
Resistance 1 (R1) 140.57 140.37 141.52 140.38 142.35
Pivot Point 139.08 139.08 139.55 138.98 139.08
Support 1 (S1) 137.20 137.79 138.14 137.00 135.03
Support 2 (S2) 135.71 137.00 135.61 134.75
Support 3 (S3) 133.82 135.71 134.47
Support 4 (S4) 133.63