PKG

Packaging Corporation of AmericaMaterials

$209.93-0.26%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$209.93

FEBMARAPR

PKG Technicals

The Rectangle is just one piece of the puzzle. See the full technical breakdown.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.14

Entry

$201.25

Stop

$215.83

Target

$170.06

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Market Analysis

Technical analysis of Packaging Corporation of America (PKG) reveals a significant setup. Currently at $209.93, the asset is showing downward momentum (-0.26%). Price action has carved out a classic Descending Triangle. Volume is average (0.57x avg) with moderate trend strength (10.2). A potential breakout level is identified at $201.25, targeting $170.06 with support near $215.83 (R:R 2.14).

Community Sentiment

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