Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / PKG - How to Improve The Timing of Investment Decisions in Packaging Corp Of America


PKG - How to Improve The Timing of Investment Decisions in Packaging Corp Of America

Some people say that timing does not matter, but it does.  If you were to buy Packaging Corp Of America (NYSE: PKG) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling.  Over time, Stock Traders Daily has found a way to lessen the odds of this happening.  Below, we provide data for PKG that can be used to help achieve this goal.  The data can be used to improve the timing of buy and sell decisions.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .

Technical Summary

Term ? Near Mid Long
Bias
Strong
Neutral
Strong
P1
0
0
135.15
P2
136.87
135.69
143.52
P3
139.03
139.55
152.53

Long Term Trading Plans for PKG

April 7, 2021, 2:30 am ET

The Technical Summary and Trading Plans for PKG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PKG Report.

PKG - (Long) Support Plan

The technical summary data tells us to buy PKG near 135.15 with an upside target of 143.52. This data also tells us to set a stop loss @ 134.76 to protect against excessive loss in case the stock begins to move against the trade. 135.15 is the first level of support below 139.46 , and by rule, any test of support is a buy signal. In this case, support 135.15 would be being tested, so a buy signal would exist.

PKG - (Short) Resistance Plan

The technical summary data is suggesting a short of PKG as it gets near 143.52 with a downside target of 135.15. We should have a stop loss in place at 143.93though. 143.52 is the first level of resistance above 139.46, and by rule, any test of resistance is a short signal. In this case, if resistance 143.52 is being tested, so a short signal would exist.


















Stock Information

Company Name: Packaging Corporation of America
Stock Symbol: PKG
Market: NYSE
Website: packagingcorp.com

Menu

PKG PKG Quote PKG Short PKG News PKG Articles PKG Message Board
Get PKG Alerts

News, Short Squeeze, Breakout and More Instantly...