REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PKG has been trading over the last 2 weeks and the past day especially. On its latest session, Packaging Corporation of America ($PKG) opened at 109.26, reaching a high of 109.26 and a low of 107.22 before closing at a price of 107.26. There was a total volume of 766668.
VOLUME INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We saw an accumulation-distribution index of 219.8426, an on-balance volume of 109.32, chaikin money flow of 0.5255 and a force index of 4.059. There was an ease of movement rating of 0.00988, a volume-price trend of 9.53763 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We noted an average true range of 1.14001, bolinger bands of 107.50713, an upper bollinger band of 107.08287, lower bollinger band of 107.22, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 108.58, high band keltner channel of 108.58, low band keltner channel of 108.58, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 107.22, a donchian channel low band of 107.22, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We calculated a Moving Average Convergence Divergence (MACD) of 0.00337, a MACD signal of 0.00187, a MACD difference of 0.0015, a fast Exponential Moving Average (EMA) indicator of 107.22, a slow Exponential Moving Average (EMA) indicator of 107.22, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.50433, a trix of 6.1049, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -8.81599, a KST Oscillator (KST) of 89.58978 and a KST Oscillator (KST Signal) of 89.58978 (leaving a KST difference of 0.38108). We also found an Ichimoku rating of 109.26, an Ichimoku B rating of 109.26, a Ichimoku visual trend A of 101.2269, an Ichimoku visual trend B of 102.88095, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 81.20854, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -0.7325.
RETURNS FOR PACKAGING CORPORATION OF AMERICA ($PKG): There was a daily return of 8.95898, a daily log return of 0.1398 and a cumulative return of 0.1399.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Packaging Corporation of America ($PKG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Packaging Corporation of America ($PKG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.