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Archive - 7/24/2026 - Sign In to see current Signals. |
Packaging Corporation of America (PKG) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Packaging Corporation of America (PKG). During the week, the PKG gained 21.32 points, or 9.15%, and closed at 254.39 on Friday, July 24, 2026. Weekly volume was 28% above average.
Long-term trend: [See PKG long-term trend chart] A long-term uptrend had started on April 9, 2025 at 172.70 and reached 254.49 on July 24, 2026. PKG gained -81.79 points, or -47.36%, in 67 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 211.61 and resistance is at 278.98. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See PKG medium-term trend chart] A medium-term uptrend had started on March 20, 2026 at 201.25 and reached 254.49 on July 24, 2026. PKG gained -53.24 points, or -26.45%, in 18 weeks. Price is near the trend high.
Weekly Technical Indicators: [See PKG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See PKG short-term trend chart] A short-term uptrend had started on July 22, 2026 at 222.74 and reached 254.49 on July 24, 2026. PKG gained -31.75 points, or -14.25%, in 2 days. Price is near the trend high.
Daily Technical Indicators: [See PKG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
3 |
| Industry |
Paper Packaging |
72 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
222.74 |
| Low Date |
07/22/2026 |
| High |
254.49 |
| High Date |
07/24/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
222.74 |
| Low Date |
07/22/2026 |
| High |
254.49 |
| High Date |
07/24/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
222.74 |
| Low Date |
07/22/2026 |
| High |
254.49 |
| High Date |
07/24/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
201.25 |
| Low Date |
03/20/2026 |
| High |
254.49 |
| High Date |
07/24/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
278.98 |
| Support |
211.61 |
| Low |
172.70 |
| Low Date |
04/09/2025 |
| High |
254.49 |
| High Date |
07/24/2026 |
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