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.
PKG - Packaging Corporation Of America On Sale For A Discount
Packaging Corporation of America
If we look at the long-term chart of Packaging Corporation of America (PKG), we can see that price came down to test (and slightly close-under) the 200-month average back in December of last year. In fact, the only times we broke that average over the past decade was, as mentioned, December 2018, early 2016, 2011, and also the great recession in 2008. Furthermore (if one is taking a long-term view), price is still nowhere near being overbought as we can see from the RSI oscillator. Yes, we will have intermediate and daily declines