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Archive - 2/27/2026 - Sign In to see current Signals. |
Packaging Corporation of America (PKG) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Packaging Corporation of America (PKG). During the week, the PKG dropped -5.07 points, or -2.14%, and closed at 232.14 on Friday, February 27, 2026. Weekly volume was 34% above average. PKG is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PKG long-term trend chart] A long-term downtrend had started on November 25, 2024 at 250.80 and reached 172.70 on April 9, 2025. PKG lost 78.10 points, or 31.14%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (199.45) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See PKG medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 172.70 and reached 249.51 on February 12, 2026. PKG gained -76.81 points, or -44.48%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 201.77 and resistance is at 263.50. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PKG weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See PKG short-term trend chart] A short-term downtrend had started on February 12, 2026 at 249.51 and reached 218.53 on February 23, 2026. PKG lost 30.98 points, or 12.42%, in 11 days. The price is now at the 43.93% retracement level.
Daily Technical Indicators: [See PKG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 19, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
10 |
| Industry |
Paper Packaging |
78 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
218.53 |
| Low Date |
02/23/2026 |
| High |
234.27 |
| High Date |
02/26/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
249.51 |
| High Date |
02/12/2026 |
| Low |
218.53 |
| Low Date |
02/23/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Right-Angled, Ascending Wedge |
| Status |
Valid |
| Resistance |
258.10 |
| Support |
192.91 |
| Low |
191.50 |
| Low Date |
11/20/2025 |
| High |
249.51 |
| High Date |
02/12/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
263.50 |
| Support |
201.77 |
| Low |
172.70 |
| Low Date |
04/09/2025 |
| High |
249.51 |
| High Date |
02/12/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
201.35 |
| Support |
199.45 |
| High |
250.80 |
| High Date |
11/25/2024 |
| Low |
172.70 |
| Low Date |
04/09/2025 |
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