US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

PKG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $222.89 and reclaim $236.79.

Invalidation Trigger

Lose $222.89 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.6, MACD 0.833

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.56 (1.1%)

4h

EMA Structure

Range
EMA 8$231.79Bullish
EMA 21$230.22Bullish
EMA 50$230.24Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.6 · MACD 0.833

Momentum is strong

Strength
Bullish
Volatility
ATR $2.56 · BB 5.32%

Low volatility

Strength
Bullish
Volume
MFI 69.5 · OBV 2.10%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$222.89 - $236.79

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.69% · 2.5 ATR above latest close

$239.34
Nearest resistance

+1.59% · 1.5 ATR above · 34-bar high

$236.79
Current price

Price shown is delayed

$233.07
Nearest support

-4.37% · 4.0 ATR below · 34-bar low

$222.89
Deeper support zone

-5.46% · 5.0 ATR below latest close

$220.33
ATR zone

Latest close ± ATR14

$230.51 - $235.63

Indicators

Trend

Dow Theory Structure

Confirmation $236.14, invalidation $225.54

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

Trend strength is active

71.3 / 44.6 / 7.3Bullish
Supertrend (10,3)

Price is above Supertrend

$224.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.58 / $232.35Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

Low volatility

$2.56 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.32%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.85 / $224.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$230.51 / $235.63Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$236.79Range
Support

Nearest Downside Decision Level

$222.89Range

Momentum

RSI (14)

Momentum is strong

56.6Bullish
MACD (12,26,9)

Histogram is positive

0.833Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 74.6Bullish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Strong expansion

114.2Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

2.10%Bullish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Trend

Dow Theory Structure

Confirmation $236.14, invalidation $225.54

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

Trend strength is active

71.3 / 44.6 / 7.3Bullish
Supertrend (10,3)

Price is above Supertrend

$224.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.58 / $232.35Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

56.6Bullish
MACD (12,26,9)

Histogram is positive

0.833Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 74.6Bullish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Strong expansion

114.2Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.56 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.32%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.85 / $224.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$230.51 / $235.63Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

2.10%Bullish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$236.79Range
Support

Nearest Downside Decision Level

$222.89Range

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