The Greedy Trader Weekly Analysis
Sign In May 1, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/24/2026 -
Sign In to see current Signals.

Packaging Corporation of America (PKG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorOversold industryBroken trend resistance lineLane's Stochastic is oversold
Daily :Broken trend resistance line
Move cursor over the icon to see details.

It was the negative week for the Packaging Corporation of America (PKG). During the week, the PKG gave back -0.52 points, or -0.24%, and closed at 212.87 on Friday, April 24, 2026. Weekly volume was 32% above average.

PKG is a member of Materials Sector. Materials is the second most overbought sector. PKG is a member of Paper Packaging Industry. Paper Packaging is the sixth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See PKG long-term trend chart]
A long-term downtrend had started on November 25, 2024 at 250.80 and reached 172.70 on April 9, 2025. PKG lost 78.10 points, or 31.14%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (204.15) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See PKG medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 172.70 and reached 249.51 on February 12, 2026. PKG gained -76.81 points, or -44.48%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 204.15 and resistance is at 262.52. 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 medium-term trend.

Weekly Technical Indicators: [See PKG weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since March 13, 2026. Use the following link to access a MACD help.

Short-term trend: [See PKG short-term trend chart]
A short-term downtrend had started on February 12, 2026 at 249.51 and reached 201.25 on March 20, 2026. PKG lost 48.26 points, or 19.34%, in 36 days. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (201.93) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See PKG daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 7, 2026.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.77
Williams' Percentage Range (W%R) 50.20
Lane's Stochastic (%D-Slow) 51.06
Greed/Fear Indicator (GFI) 52.88
Moving Average Converg./Diverg. (MACD) -2.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.81
Williams' Percentage Range (W%R) 64.70
Lane's Stochastic (%D-Slow) 17.92
Oversold
Greed/Fear Indicator (GFI) 33.96
Moving Average Converg./Diverg. (MACD) 3.44
Trading Signals
Description Value Chart
50 Day Moving Average 218.41
Upper Bollinger Band 217.63
Price 212.87
Daily Stochastic Crossing 211.52
20 Day Moving Average 209.46
Weekly Stochastic Crossing 207.03
Lower Bollinger Band 204.59
Quarterly Trendline Support 204.15
Yearly Trendline Support 204.15
Parabolic System 202.08
Weekly Trendline Support 201.93
Yearly Trendline Resistance 195.19
Weekly Trendline Resistance 190.92
Sector and Industry
Description Name Rank
Sector Materials 8
Industry Paper Packaging 6
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 201.25
Low Date 03/20/2026
High 222.72
High Date 04/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 190.92
Support 201.93
High 249.51
High Date 02/12/2026
Low 201.25
Low Date 03/20/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 191.50
Low Date 11/20/2025
High 249.51
High Date 02/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 262.52
Support 204.15
Low 172.70
Low Date 04/09/2025
High 249.51
High Date 02/12/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 195.19
Support 204.15
High 250.80
High Date 11/25/2024
Low 172.70
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.