How is PKG doing right now?
In plain terms: PKG is 6.3% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
As of the latest market close, Packaging Corporation of America (PKG) is trading in a shallow pullback, 6.3% below its all-time high at $229.55. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.
