The best indicator for Packaging Corporation of America (PKG)
We backtested 20 indicators across daily, weekly and hourly charts on real Packaging Corporation of America (PKG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Packaging Corporation of America (PKG) over ~26.3 years — trailing buy-and-hold by 3.1% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Money Flow Index ✓ | Daily | 11.9% | 0.66 | -36.2% | 82.6% | 23 | -3.1% |
| 2 | Williams %R ✓ | Daily | 9.7% | 0.56 | -59.4% | 69.9% | 173 | -5.2% |
| 3 | Williams %R ✓ | Weekly | 8.3% | 0.55 | -32.7% | 76.5% | 34 | -6.5% |
| 4 | EMA 50/200 Cross ✓ | Daily | 9.6% | 0.52 | -34.6% | 52.6% | 19 | -5.3% |
| 5 | CCI ✓ | Weekly | 7.1% | 0.51 | -37.2% | 87.5% | 24 | -7.7% |
| 6 | SMA 50/200 Cross ✓ | Daily | 8.9% | 0.49 | -56.3% | 50.0% | 18 | -6.0% |
| 7 | Donchian Breakout ✓ | Weekly | 8.1% | 0.49 | -37.3% | 52.9% | 17 | -6.7% |
| 8 | Stochastic ✓ | Daily | 7.6% | 0.48 | -58.4% | 69.3% | 127 | -7.3% |
| 9 | Stochastic ✓ | Weekly | 6.1% | 0.46 | -39.8% | 80.0% | 20 | -8.8% |
| 10 | CCI ✓ | Daily | 7.2% | 0.45 | -58.2% | 77.6% | 134 | -7.7% |
| 11 | EMA 20/50 Cross ✓ | Weekly | 7.2% | 0.43 | -47.2% | 73.3% | 15 | -7.6% |
| 12 | RSI Trend (>50) ✓ | Weekly | 6.7% | 0.41 | -44.9% | 39.5% | 81 | -8.2% |
| 13 | Bollinger Mean-Reversion ✓ | Daily | 5.2% | 0.39 | -53.4% | 68.9% | 106 | -9.7% |
| 14 | Holy Grail Confluence ✓ | Daily | 5.2% | 0.38 | -52.8% | 72.2% | 36 | -9.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Packaging Corporation of America (PKG), Money Flow Index on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.