US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

1 dayRange47%
Daily Range probability 94%Range

PKG 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $222.74 - $259.98 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.4, MACD -1.978

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.97 (2.04%)

Daily

EMA Structure

Range
EMA 8$247.73Bearish
EMA 21$248.67Bearish
EMA 50$242.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 44.4 · MACD -1.978

Momentum is weak

Strength
Bearish
Volatility
ATR $4.97 · BB 6.74%

Low volatility

Strength
Range
Volume
MFI 63.4 · OBV 10.52%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$222.74 - $259.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.72% · 4.3 ATR above latest close

$264.95
Nearest resistance

+6.68% · 3.3 ATR above · 34-bar high

$259.98
Current price

Price shown is delayed

$243.69
Nearest support

-8.6% · 4.2 ATR below · 34-bar low

$222.74
Deeper support zone

-10.63% · 5.2 ATR below latest close

$217.77
ATR zone

Latest close ± ATR14

$238.72 - $248.66

Indicators

Trend

Dow Theory Structure

Confirmation $255.6, invalidation $247.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 15.4 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$227.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.38 / $241.36Bearish
Donchian Channel (20)

20-period breakout channel position

18%Range

Volatility

ATR (14)

Low volatility

$4.97 (2.04%)Range
Bollinger Bands (20,2)

Width 6.74%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$259.25 / $238.33Range
ATR channel lower / upper

Current Volatility Envelope

$238.72 / $248.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.98Range
Support

Nearest Downside Decision Level

$222.74Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-1.978Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 14.5Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Weak expansion

-184.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.4Bullish
OBV slope

20-period OBV slope

10.52%Bullish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Trend

Dow Theory Structure

Confirmation $255.6, invalidation $247.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 15.4 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$227.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.38 / $241.36Bearish
Donchian Channel (20)

20-period breakout channel position

18%Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-1.978Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 14.5Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Weak expansion

-184.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$4.97 (2.04%)Range
Bollinger Bands (20,2)

Width 6.74%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$259.25 / $238.33Range
ATR channel lower / upper

Current Volatility Envelope

$238.72 / $248.66Range

Volume / Money Flow

MFI (14)

Money flow is strong

63.4Bullish
OBV slope

20-period OBV slope

10.52%Bullish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.98Range
Support

Nearest Downside Decision Level

$222.74Range

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