In its most recent trading session, Packaging Corporation of America (PKG) spiked up by 1.4% – here is what that looked like (as of 2019-10-29):

Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.065, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.161, an Accumulation/Distribution Index (ADI) of 1.161, an On-Balance Volume (OBV) of 223.44, and a Chaiikin Money Flow (CMF) of -110.93. 1.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Packaging Corporation of America (PKG). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.

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Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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