US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

PKG 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $214.28 and reclaim $243.04.

Invalidation Trigger

Lose $214.28 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 64.6, MACD 0.511

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.68 (1.53%)

4h

EMA Structure

Bullish
EMA 8$238.29Bullish
EMA 21$233.64Bullish
EMA 50$227.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.6 · MACD 0.511

Momentum is strong

Strength
Bullish
Volatility
ATR $3.68 · BB 7.66%

Low volatility

Strength
Range
Volume
MFI 56.7 · OBV -7.16%

Relative to 20-period average volume

Strength
Range
Price Levels
$214.28 - $243.04

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.75% · 1.8 ATR above latest close

$246.72
Nearest resistance

+1.22% · 0.8 ATR above · 34-bar high

$243.04
Current price

Price shown is delayed

$240.11
Nearest support

-10.76% · 7.0 ATR below · 34-bar low

$214.28
Deeper support zone

-12.29% · 8.0 ATR below latest close

$210.59
ATR zone

Latest close ± ATR14

$236.43 - $243.79

Indicators

Trend

Dow Theory Structure

Confirmation $243.04, invalidation $227.26

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

Trend strength is active

38.2 / 30.9 / 16.2Bullish
Supertrend (10,3)

Price is above Supertrend

$230.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.8 / $224.61Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$3.68 (1.53%)Range
Bollinger Bands (20,2)

Width 7.66%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$240.24 / $227.65Range
ATR channel lower / upper

Current Volatility Envelope

$236.43 / $243.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.04Range
Support

Nearest Downside Decision Level

$214.28Range

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

0.511Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.4 / 81.8Bearish
Williams %R (14)

Overbought zone

-18.6Bearish
CCI (20)

Strong expansion

117.9Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-7.16%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $243.04, invalidation $227.26

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

Trend strength is active

38.2 / 30.9 / 16.2Bullish
Supertrend (10,3)

Price is above Supertrend

$230.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.8 / $224.61Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

0.511Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.4 / 81.8Bearish
Williams %R (14)

Overbought zone

-18.6Bearish
CCI (20)

Strong expansion

117.9Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$3.68 (1.53%)Range
Bollinger Bands (20,2)

Width 7.66%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$240.24 / $227.65Range
ATR channel lower / upper

Current Volatility Envelope

$236.43 / $243.79Range

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-7.16%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.04Range
Support

Nearest Downside Decision Level

$214.28Range

Related Forecasts