Today we will analyze the stock PACKAGING CORP AMER (PKA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PACKAGING CORP AMER (PKA.BE)
1- Last bullish trend was from 19.01 $ (3/18/2011) to 20.46 $ (4/5/2011) a 1.45 $ move 2- The current bearish trend started from 20.46 $ at 4/5/2011 and is currently trading at 19.48 $.
3- PKA.BE current support level is at 19.01 which is the 100.00 % fibonacci retracement of the last 1.45 $ move.
4- PKA.BE current resistance level is at 19.56 which is the 61.80 % fibonacci retracement of the last 1.45 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PACKAGING CORP AMER (PKA.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 20.460 and 22.090, and is currently resisting at 20.262.
PACKAGING CORP AMER (PKA.BE) Mid term stock chart patterns for internet stock trading :

None.
PACKAGING CORP AMER (PKA.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PACKAGING CORP AMER (PKA.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 19.56, 19.71, 19.74, 19.85, 19.91, 19.97, 20.09, 20.12, 20.26, 20.46,.
Stock Support levels : 19.01, 18.62,.