PKG

Packaging Corporation of AmericaMaterials

$212.80-0.19%

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$212.80

MARAPRMAY

PKG Technicals

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

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.16

Entry

$201.87

Stop

$227.16

Target

$172.47

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

Traders are watching Packaging Corporation of America (PKG) as price action tightens. The stock is trading at $212.8, down 0.19% on the day. The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $201.87, targeting $172.47 with support near $227.16 (R:R 1.16).

Community Sentiment

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