Packaging Of America(PKG)

Packaging of America (PKG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PKG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$228.19last close · Jul 22, 202652-week range $189.03$249.51 · 8.54% below the high

PKG Triangle Pattern

PKG is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; PKG's own triangles have hit 60.7%.

Projected move+9.6%

New to this pattern? What a triangle is and how to trade it →

PKG's Most Recent Triangle Trade

PKG's most recent completed triangle resolved as a loss: it broke down on Mar 11, 2026 near $220.35, then was stopped out at $234.03 on Jun 22, 2026 — a 6.2% move (-1.02R) over 70 sessions. Across 73 backtested triangles, this setup wins 60.3% of the time.

OutcomeLossResult-6.2%R-1.02REntry$220.35Exit$234.03

Learn about triangle

How Triangles Have Performed

Win rate
53.5%
Avg return
+0.37R
Backtested trades
17,276
PKG win rate
60.7%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

PKG Pattern Trade History

Every completed pattern trade our nightly backtest found on PKG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMar 11, 2026 @ $220.35Jun 22, 2026 @ $234.03Loss+13.4% · -1.02R
TriangleDec 11, 2025 @ $204.29Jan 22, 2026 @ $218.76Win+7.8% · +1.28R
Rising WedgeSep 5, 2024 @ $204.59Sep 13, 2024 @ $210.27Loss+6.3% · -1.03R
Rising WedgeNov 29, 2023 @ $160.55Dec 8, 2023 @ $163.88Win+8.1% · +0.28R
Bullish PennantNov 2, 2023 @ $155.52Dec 8, 2023 @ $163.88Win+10.3% · +0.71R
TriangleJul 12, 2023 @ $133.85Aug 7, 2023 @ $153.05Win+9.4% · +3.12R
Rising WedgeMay 12, 2023 @ $131.63Jul 21, 2023 @ $137.35Loss+12.9% · -1.09R
Rising WedgeAug 29, 2022 @ $137.69Sep 16, 2022 @ $128.81Win+7.3% · +1.46R
Falling WedgeJul 22, 2022 @ $142.48Sep 14, 2022 @ $132.07Loss+5.6% · -1.20R
Rising WedgeApr 4, 2022 @ $154.54Apr 13, 2022 @ $159.59Loss+11.9% · -1.29R
TriangleMar 14, 2022 @ $151.10Apr 26, 2022 @ $159.44Win+12.3% · +0.76R
Falling WedgeOct 28, 2021 @ $136.21Nov 30, 2021 @ $130.59Loss+9.8% · -1.37R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

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PKG Support and Resistance Levels

Price is bouncing off a floor near $221.89 and starting to climb. On the weekly chart, the next ceiling overhead sits near $299.09 — about 31% away.

  • Traders commonly watch $299.09 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $221.89 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

PKG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$228.01$233.14$222.74$228.19
Jul 21, 2026$230.55$231.88$226.30$228.21
Jul 20, 2026$234.77$236.86$227.92$228.43
Jul 17, 2026$232.78$237.72$229.95$233.07
Jul 16, 2026$229.17$234.11$228.06$234.04
Jul 15, 2026$226.83$230.63$225.54$227.86
Jul 14, 2026$228.25$228.25$223.55$225.76
Jul 13, 2026$229.28$233.63$225.12$225.86
Jul 10, 2026$225.64$232.80$225.64$228.77
Jul 9, 2026$222.89$228.01$222.89$224.49

PKG Frequently Asked Questions

What chart pattern is PKG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a triangle on Packaging Of America (PKG) on the daily chart.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.
What was PKG's closing price on Jul 22, 2026?
Packaging Of America (PKG) last closed at $228.19 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.