US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

PKG 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $159.57 and reclaim $259.98.

Invalidation Trigger

Lose $159.57 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 59.3, MACD 1.214

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $24.28 (10.33%)

Monthly

EMA Structure

Bullish
EMA 8$230.16Bullish
EMA 21$216.62Bullish
EMA 50$191.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD 1.214

Momentum is strong

Strength
Bullish
Volatility
ATR $24.28 · BB 33.03%

High volatility

Strength
Bearish
Volume
MFI 64.1 · OBV 45.06%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$159.57 - $259.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+20.98% · 2.0 ATR above latest close

$284.26
Nearest resistance

+10.64% · 1.0 ATR above · 34-bar high

$259.98
Current price

Price shown is delayed

$234.97
Nearest support

-32.09% · 3.1 ATR below · 34-bar low

$159.57
Deeper support zone

-42.43% · 4.1 ATR below latest close

$135.29
ATR zone

Latest close ± ATR14

$210.69 - $259.26

Indicators

Trend

Dow Theory Structure

Confirmation $249.51, invalidation $201.25

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.2 / 25.6 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$153.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$223.48 / $185.27Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

High volatility

$24.28 (10.33%)Bearish
Bollinger Bands (20,2)

Width 33.03%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$269.48 / $165.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$210.69 / $259.26Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.98Range
Support

Nearest Downside Decision Level

$159.57Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is positive

1.214Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.8 / 73.0Bearish
Williams %R (14)

Neutral zone

-35.2Range
CCI (20)

Balanced zone

94.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

45.06%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $249.51, invalidation $201.25

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.2 / 25.6 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$153.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$223.48 / $185.27Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is positive

1.214Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.8 / 73.0Bearish
Williams %R (14)

Neutral zone

-35.2Range
CCI (20)

Balanced zone

94.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$24.28 (10.33%)Bearish
Bollinger Bands (20,2)

Width 33.03%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$269.48 / $165.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$210.69 / $259.26Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

45.06%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.98Range
Support

Nearest Downside Decision Level

$159.57Range

Related Forecasts