Is Packaging Corporation of America technically bullish or bearish?
As of June 13, 2025, Packaging Corporation of America is in a bearish trend with moderate strength, supported by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and other indicators.
As of 13 June 2025, the technical trend for Packaging Corporation of America has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The daily moving averages indicate a bearish trend, while the weekly and monthly Bollinger Bands also reflect a bearish outlook. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. The KST and Dow Theory are both mildly bearish on the monthly timeframe. Overall, the combination of these indicators suggests a bearish sentiment prevailing in the current market conditions.
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