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PKG forms Stochastic Buy Signal on August 28
PKG closed down 1.29% on Friday, August 28th, with volume running 1.1× above average. Mixed technical signals appeared with Stochastic Buy Signal suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 238.13, 235.7 & 231.53, with resistance at 244.73, 248.9 & 251.33. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PKG: C
There’s more where that came from. See all of today’s signals for PKG here.
Read full article here »