Packaging Corporation of America PKG

rudcharts Updated 

PKG Packaging its bags and going south. Since peaking in price in May 2021, PKG entered a parallel channel range between 129 – 155. April 2022, price broke out from range with what looked like to be the continuation of its uptrend. Unfortunately, the breakout was short lived, and price fell back into range. The breakout is deemed a “false breakout”. Price fell...

EPSMomentum Premium

The PEAD projected a Bearish outlook for $PKG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.

vitalalyt Premium

If you like this idea, please don’t forget to Boost it. Fundamental Indicators: Sector – Consumer Cyclical US Business Cycle Stage – late cycle, when this sector is not favourable Revenue – consistent growth for the past 5 years, although just 6% average annual rate, 2022 TTM Profits – confidently rising since 2020 Net margin – decent 12% ...

Bixley

PKG is testing the middle line of a larger uptrend This place has been seen as a prior spot of support The prior bull move allows the assumption of a bullish state, and the assumption of continuation above the middle trend line . Moving downward from here out of the Broadening formation is less likely. Daily chart

kenhuangsy2 Pro

Hey folks, happy Friday! Hope you are all doing well! Here is a good breakout stock that you should keep on your watchlist! Looking ready!

CertTrades Pro+

Packaging Corporation of America, design and manufacture corrugated solutions for your business. 52 week high / breakout

HaseebKhan_90

* Great earnings * Strong up trend * Breaking out of a 13 month base and retested it as support * Sector: Consumer Cyclical - Packaging & Containers * Relative Strength vs. Sector: 1.38 * Relative Strength vs. SP500: 3.17 * U/D Ratio: 1.28 * Base Depth: 21.42% * Distance from breakout buy point: 1.9% * Volume 14.3% above its 15 day average

TaPlot Premium

$PKG Showing Relative Strength to a market that is correcting lower.

stephanelibatd

Hey traders, PACKAGING CORP OF AMERICA is in a fake bearish movement with a short-trace water-carrying candle shape and a low return of traded buy volume. The TIMEFRAME M1 shows a marubozu with a low return in sales volume made it is heading to last previous lower. Which is on the bottom of the fake triple top balance zone after that she goes to rechecker the...

norok Premium

Took a pre-earnings play on PKG with the Feb 145 Call Option as an Ichimoku cloud pullback pattern.

jordandain08

Bought at 143.20 expected to profit upon retest.

tdrake2139 Premium

Pressing up against resistance here. Breakout tomorrow? (No position)

iguler54

follw the arrow

jumpy_swings

Bullish 50/200SMA cross. Neutral on earnings results. Looking to enter a long position if the price breaks out of any of these resistance points after earnings.

hungry_hippo

Should hit $100 again as long as they don't miss. Feb $95 calls.

Synaptic724 Pro+

SPY breakdown leading to overall downtrend, PKG seems to have fizzled out of its ER catalyst cannot hold these levels I predict its going lower. Strike $85 $2.4 Stop at 1.2 May go lower if spy continues

JamesTAnelay

1. Is the objective accomplished on the Up Side? consult figure chart. Yes. 2. Is the activity bearish? Volume increasing normally on reactions and decreasing on rallies? Yes 3. Can you identify Preliminary supply? Yes 4. Is the stock weaker than the market? - responsive to reactions and sluggish on rallies? Yes 5. Is the upward stride broken? Yes 6. Do you...

MMU Pro+

BATS long Pin Bar