US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

1 weekBullish90%
Weekly Upside probability 90%Bullish

PKG 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $191.55 and reclaim $249.51.

Invalidation Trigger

Lose $191.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.3, MACD 1.933

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $12.56 (5.2%)

Weekly

EMA Structure

Bullish
EMA 8$226.44Bullish
EMA 21$220.68Bullish
EMA 50$214.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.3 · MACD 1.933

Momentum is strong

Strength
Bullish
Volatility
ATR $12.56 · BB 21.25%

High volatility

Strength
Bearish
Volume
MFI 76.3 · OBV 12.32%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$191.55 - $249.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.48% · 1.6 ATR above latest close

$262.06
Nearest resistance

+3.28% · 0.6 ATR above · 34-bar high

$249.51
Current price

Price shown is delayed

$241.58
Nearest support

-20.71% · 4.0 ATR below · 34-bar low

$191.55
Deeper support zone

-25.91% · 5.0 ATR below latest close

$178.99
ATR zone

Latest close ± ATR14

$229.02 - $254.14

Indicators

Trend

Dow Theory Structure

Confirmation $230.95, invalidation $214.28

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

Trend strength is moderate

15.7 / 26.8 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$198.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$224.2 / $218.79Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

High volatility

$12.56 (5.2%)Bearish
Bollinger Bands (20,2)

Width 21.25%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$246.72 / $195.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$229.02 / $254.14Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.51Range
Support

Nearest Downside Decision Level

$191.55Range

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is positive

1.933Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.3 / 89.7Bullish
Williams %R (14)

Overbought zone

-3.7Bearish
CCI (20)

Strong expansion

132.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

76.3Bullish
OBV slope

20-period OBV slope

12.32%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $230.95, invalidation $214.28

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

Trend strength is moderate

15.7 / 26.8 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$198.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$224.2 / $218.79Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is positive

1.933Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.3 / 89.7Bullish
Williams %R (14)

Overbought zone

-3.7Bearish
CCI (20)

Strong expansion

132.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$12.56 (5.2%)Bearish
Bollinger Bands (20,2)

Width 21.25%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$246.72 / $195.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$229.02 / $254.14Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

76.3Bullish
OBV slope

20-period OBV slope

12.32%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.51Range
Support

Nearest Downside Decision Level

$191.55Range

Related Forecasts