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PKG Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, July 18, 11:20 AM ET
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In trading on Monday, shares of Packaging Corp of America (NYSE:PKG) crossed below their 200 day moving average of $27.23, changing hands as low as $27.07 per share. Packaging Corp of America shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of PKG shares, versus its 200 day moving average:

Packaging Corp of America 200 Day Moving Average Chart

Looking at the chart above, PKG's low point in its 52 week range is $21.57 per share, with $30.69 as the 52 week high point — that compares with a last trade of $27.17.

According to the ETF Finder at ETF Channel, PKG makes up 4.33% of the iShares S&P Global Timber & Forestry Index Fund ETF (NASDAQ:WOOD) which is trading lower by about 1.8% on the day Monday.

     See what other ETFs contain PKG »
     See what other stocks are held by WOOD »

PKG operates in the Packaging & Containers sector, among companies like Imaflex Inc (IFX.A.CA), and Mod-Pac Corp (NASDAQ:MPAC) trading lower by about 2.1%. Below is a three month price history chart comparing the stock performance of PKG, versus MPAC.

PKG,MPAC Relative Performance Chart


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This Article's Word Cloud:   According   America   Below   Channel   Corp   ETFs   Global   Investment   MPAC   Monday   Moving   Packaging   Portfolio   WOOD   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   currently   designed   growth   hands   history   lower   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   with
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