Packaging Corporation of America ($PKG): Caution Is Advised (2019-11-12)

REPORTING FOR 2019-11-12 | 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 113.27, reaching a high of 114.12 and a low of 113.01 before closing at a price of 113.65. There was a total volume of 425105.

VOLUME INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We saw an accumulation-distribution index of 408.97881, an on-balance volume of -113.9, chaikin money flow of 1.61176 and a force index of 0.882. There was an ease of movement rating of 0.00315, a volume-price trend of 12.40751 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR PACKAGING CORPORATION OF AMERICA ($PKG): We noted an average true range of 1.11664, bolinger bands of 113.7048, an upper bollinger band of 111.5552, lower bollinger band of 113.01, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 113.46667, high band keltner channel of 112.61667, low band keltner channel of 114.31667, 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 113.01, a donchian channel low band of 113.01, 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 -0.01705, a MACD signal of -0.00947, a MACD difference of -0.00758, a fast Exponential Moving Average (EMA) indicator of 113.01, a slow Exponential Moving Average (EMA) indicator of 113.01, 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 0.11899, a trix of 7.69655, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -11.16562, a KST Oscillator (KST) of 109.63409 and a KST Oscillator (KST Signal) of 109.63409 (leaving a KST difference of -1.86559). We also found an Ichimoku rating of 113.695, an Ichimoku B rating of 113.695, a Ichimoku visual trend A of 104.69152, an Ichimoku visual trend B of 106.582, 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 97.72441, a stochastic oscillator of 130.58824, a stochastic oscillator signal of 130.58824, a Williams %R rating of 30.58824 and an awesome oscillator of -0.11983.

RETURNS FOR PACKAGING CORPORATION OF AMERICA ($PKG): There was a daily return of 10.96341, a daily log return of -0.67478 and a cumulative return of -0.67251.

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 2019-11-12 (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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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