|
|
Archive
- 10/16/2026 -
Sign In to see current Signals. |
Packaging Corporation of America (PKG) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Packaging Corporation of America (PKG). During the week, the PKG gained 5.49 points, or 2.38%, and closed at 236.00 on Friday, October 16, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was -28% below average.
 Long-term trend: [See PKG long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 172.70 and reached 259.98 on August 13, 2026. PKG gained -87.28 points, or -50.54%, in 70 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 218.72 and resistance is at 294.64. 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 long-term trend.
 Medium-term trend: [See PKG medium-term trend chart]
A medium-term downtrend had started on August 13, 2026 at 259.98 and reached 224.80 on October 1, 2026. PKG lost 35.18 points, or 13.53%, in 7 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (224.42) 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 medium-term trend.
 Weekly Technical Indicators: [See PKG weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. 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 September 21, 2026 at 242.63 and reached 224.80 on October 1, 2026. PKG lost 17.83 points, or 7.35%, in 10 days. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (225.02) 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 short-term trend.
Daily Technical Indicators: [See PKG daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above 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.
| |
|
|