Packaging Of America (PKG) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for PKG · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$241.09last close · Jun 25, 2026
PKG Falling Wedge Pattern
No chart pattern is currently detected on PKG. The most recent was a Falling Wedge, detected Apr 16, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $226.52 (+9.5%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; PKG's own falling wedges have hit 47.6%.
PKG's most recent completed Falling Wedge resolved as a win: it broke higher on Apr 17, 2026 near $213.39, then reached its target at $226.52 on May 6, 2026 — a +1.11R move (6.2%) over 13 sessions. Across 96 backtested falling wedges, this setup wins 56.3% of the time.
OutcomeWinResult+1.11REntry$213.39Exit$226.52
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
PKG win rate
47.6%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
PKG support and resistance levels
Price found a floor near $217.05 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $299.09 — still about 25% 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.
Nothing here is a signal to act — the long would have set up at the $217.05 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $219.43, resistance near $294.86. These are chart/swing-derived levels, not formula pivots.
Resistance
$294.86$305.07$326.13$334.12$338.98$390.40$429.97
Support
$219.43$214.58
PKG recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$240.01
$243.50
$238.10
$241.09
Jun 24, 2026
$235.59
$240.00
$235.53
$237.85
Jun 23, 2026
$231.01
$234.93
$228.30
$232.83
Jun 22, 2026
$229.58
$235.69
$229.58
$234.03
Jun 18, 2026
$230.57
$235.40
$228.95
$229.02
Jun 17, 2026
$228.85
$233.19
$227.25
$229.26
Jun 16, 2026
$230.52
$232.41
$229.20
$229.55
Jun 15, 2026
$230.60
$233.14
$229.39
$229.96
Jun 12, 2026
$227.16
$229.37
$223.69
$228.23
Jun 11, 2026
$217.47
$226.20
$214.65
$224.40
PKG frequently asked questions
What chart pattern is PKG forming right now?
No pattern is currently detected on PKG. The most recent was a Falling Wedge, detected Apr 16, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on PKG is a bullish pattern, projecting a measured-move target of $226.52. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for PKG?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), PKG's nearest support is around $219.43 and nearest resistance around $294.86.
What is the price target if PKG's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $226.52 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PKG's closing price on Jun 25, 2026?
Packaging Of America (PKG) last closed at $241.09 on Jun 25, 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.
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