Is Packaging Corporation of America technically bullish or bearish?

Jun 29 2025 11:48 AM IST
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As of June 27, 2025, the technical trend is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and other indicators.
As of 27 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the Bollinger Bands showing a mildly bearish trend on the weekly chart. The MACD on the weekly is mildly bullish, but the monthly MACD is mildly bearish, which adds to the mixed signals. The KST and OBV on the weekly are mildly bullish, yet the overall Dow Theory remains mildly bearish on both weekly and monthly time frames. The lack of strong bullish signals in the RSI further supports the mildly bearish outlook.
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