Stock Price Prediction

Based on the provided data and recent market activity, here's the analysis and price prediction for PKG for the next trading week:

Technical Analysis

• RSI-14 at 38.55 indicates the stock is approaching oversold territory but not yet extreme
• MACD shows bearish momentum with -6.14 and negative histogram
• Stock is trading below its 20-day SMA (221.06) and 60-day SMA (230.83)
• Bollinger Bands show price near the middle band (221.06) with relatively low volatility

Recent News Impact

• Seaport Research upgraded PKG to Buy from Neutral with a $250 price target on Feb 13, 2025
• The company's Q4 2024 performance showed improved earnings and revenues year-over-year, with record corrugated shipments
• Industry facing some headwinds from weak demand due to inflation, but benefiting from e-commerce growth and sustainable packaging trends

Price Targets for Next Week

• Support levels: $203.91 (Fibonacci S1), $208.66 (Fibonacci Pivot)
• Resistance levels: $213.40 (Fibonacci R1), $216.33 (Fibonacci R2)

Price Prediction Based on technical indicators and recent news:

• Likely trading range: $208-$216
• Most probable scenario: Initial consolidation around $212-$213 followed by gradual upward movement toward $216
• Target price by end of next week: $215

Trading Recommendation BUY with entry point at current price ($212.03) or any dip below $210

• Stop loss: $208
• First target: $216
• Second target: $221

The positive analyst upgrade, strong fundamentals, and technical support levels suggest a bullish outlook despite current market conditions. The stock appears positioned for a recovery after recent consolidation.