Stock Analysis: Packaging Corp Of America (PKG)

Stock Analysis for Packaging Corp Of America (PKG)

The Interpreter
Hey Friend, I'm analysing PACKAGING CORP OF AMERICA (PKG), and it is between the Support of $ 175.08 (Triangle Projection Level 2) and the Resistance of $ 176.44 (Pivot). The stock is falling and may come close and reach $ 175.08 soon.

Packaging Corp Of America (PKG)

$ 176.27 +0.5%

Last Close 03-May-24

Trade PKG Now

Supports

Next Support: $ 175.08

Pivot S1: $ 172.20
Fibonacci 61.8%: $ 164.51
Triangle Level (2): $ 175.08

Resistances

Next Resistance: $ 176.44

Pivot: $ 176.44
Fibonacci 100%: $ 176.97
Triangle Level (1): $ 178.98

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 19 Apr 2024	Buy Price: 179.89	Loss: Close Day2 ($ 170.88)	Engulfing	Buy
002 04 Apr 2024	Sell Price: 187.66	Loss: Close Day2 ($ 190.71)	Dark Cloud Cover	Sell
003 03 Apr 2024	Buy Price: 188.68	Profit: Open Day1 ($ 189.99)	Engulfing	Buy
004 22 Mar 2024	Sell Price: 184.72	Profit: Open Day1 ($ 184.65)	Engulfing	Sell
005 22 Mar 2024	Sell Price: 184.65	Loss: Close Day2 ($ 186.87)	Dark Cloud Cover	Sell
006 16 Nov 2023	Sell Price: 155.49	Profit: Close Day1 ($ 155.31)	Abandoned Baby	Sell
007 16 Nov 2023	Sell Price: 155.55	Profit: Close Day1 ($ 155.31)	Engulfing	Sell
008 19 Oct 2023	Sell Price: 149.55	Profit: Open Day1 ($ 149.48)	Abandoned Baby	Sell
009 04 Oct 2023	Buy Price: 153.33	Loss: Close Day2 ($ 151.54)	Abandoned Baby	Buy
010 31 Aug 2023	Sell Price: 149.10	Profit: Open Day2 ($ 148.43)	Engulfing	Sell
011 25 Aug 2023	Buy Price: 146.04	Profit: Open Day1 ($ 146.80)	Abandoned Baby	Buy
012 25 Aug 2023	Buy Price: 146.05	Profit: Open Day1 ($ 146.80)	Engulfing	Buy
013 11 Aug 2023	Sell Price: 152.02	Profit: Open Day1 ($ 151.89)	Abandoned Baby	Sell
014 12 May 2023	Buy Price: 132.42	Loss: Close Day2 ($ 127.00)	Abandoned Baby	Buy
015One Year Average	Both Sides Result for 14 Signals	Loss: $ -17.32 ($ -1.24 / Signal) -10.7% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for PKG Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	175.81	BUY	2	175.82	BUY
3	175.27	BUY	3	175.49	BUY
5	175.17	BUY	5	175.16	BUY
8	174.23	BUY	8	175.32	BUY
13	175.44	BUY	13	176.35	SELL
21	179.29	SELL	21	177.93	SELL
34	182.02	SELL	34	178.91	SELL
55	180.89	SELL	55	178.08	SELL
90	175.02	BUY	90	174.83	BUY
200	163.04	BUY	200	164.90	BUY

Company Info +

Name & IPO

Packaging Corp Of America
IPO: 2000-01-28

Stock Ticker & Exchange

Ticker: PKGIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.packagingcorp.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Paperboard Containers & Boxes

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.