US stock / ETF

Packaging Corp of America

PKG · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

PKG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $248.31 and stabilize above resistance $256.7.

Invalidation Trigger

Break above $256.7 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 31.9, MACD -0.452

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.18 (0.89%)

4h

EMA Structure

Bearish
EMA 8$245.86Bearish
EMA 21$248.31Bearish
EMA 50$249.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.9 · MACD -0.452

Momentum is weak

Strength
Bearish
Volatility
ATR $2.18 · BB 5.04%

Low volatility

Strength
Bullish
Volume
MFI 14.7 · OBV -13.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$240.17 - $256.7

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.23% · 7.0 ATR above latest close

$258.87
Nearest resistance

+5.34% · 6.0 ATR above · 34-bar high

$256.7
Current price

Price shown is delayed

$243.69
Nearest support

-1.44% · 1.6 ATR below · 34-bar low

$240.17
Deeper support zone

-2.34% · 2.6 ATR below latest close

$237.99
ATR zone

Latest close ± ATR14

$241.51 - $245.87

Indicators

Trend

Dow Theory Structure

Confirmation $240.17, invalidation $250.88

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 23.3 / 43.1Bearish
Supertrend (10,3)

Price is above Supertrend

$236.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$246.7 / $250.08Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$2.18 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.04%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$252.66 / $243.67Bullish
ATR channel lower / upper

Current Volatility Envelope

$241.51 / $245.87Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$256.7Range
Support

Nearest Downside Decision Level

$240.17Range

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.452Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 27.1Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Weak expansion

-130.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.7Bearish
OBV slope

20-period OBV slope

-13.36%Bearish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Trend

Dow Theory Structure

Confirmation $240.17, invalidation $250.88

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 23.3 / 43.1Bearish
Supertrend (10,3)

Price is above Supertrend

$236.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$246.7 / $250.08Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.452Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 27.1Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Weak expansion

-130.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.18 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.04%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$252.66 / $243.67Bullish
ATR channel lower / upper

Current Volatility Envelope

$241.51 / $245.87Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.7Bearish
OBV slope

20-period OBV slope

-13.36%Bearish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$256.7Range
Support

Nearest Downside Decision Level

$240.17Range

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