Pre-Market Analysis on Ball Corp., Graphic Packaging Holding, Packaging Corp. of America, and KapStone Paper and Packaging Consumer Packaging Stocks End in Green Zone
by PR Newswire
LONDON, March 1, 2013 /PRNewswire/ --
Broad market indices closed down after giving up their modest gains accrued early in the day. The Commerce Department reported that the economy grew at a minimal rate in the fourth quarter as companies slashed their spending. As a result, The Dow Jones ended the day 0.15 percent lower at 14,054.49, while the S&P 500 closed at 1,514.68, down 0.09 percent. NASDAQ also followed suit to end the day at 3,160.19, down 0.07 percent. Our research team took a look at consumer goods sector including companies like Ball Corporation (NYSE: BLL), Graphic Packaging Holding Company (NYSE: GPK), Packaging Corp. of America (NYSE: PKG) and KapStone Paper and Packaging Corp. (NYSE: KS). StockCall has posted free technical research on BLL, GPK, PKG and KS which can be downloaded upon sign up at
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Ball Corp. is currently in a neutral mode as the stock ended its previous trading session at $44.41, up 0.23 percent. The stock traded in the range of $44.24 and $44.72 during the session. Its first support level is at $44.06 and upon breaching this level, the stock may go down to $43.061 level. On the upside, the company's stock may touch $44.76 level. It traded in the range of $38.39 and $46.99 in the past 52 weeks and rose by more than 11 percent during the same time period. On a Year-to-Date basis, the stock is down 0.76 percent. Sign up and read the complimentary report on BLL at
http://www.StockCall.com/BLL030113.pdf
Graphic Packaging's shares were up for its latest trading session, ending the day 0.54 percent higher at $7.42. The stock fell to an intra-day low of $7.34, while its intra-day high stood at $7.48. With the upward movement, the company has gained more than 14.86 percent this year, compared to a gain of 6.2 percent for the S&P 500. The stock is cooling off after hitting its 52-week high of $7.88 recently. Graphic Packaging's shares have strong support at around $7.28, as the stock shows bullish trend. The stock is trading lower than its 20-day and 50-day moving averages. The free report on GPK can be downloaded by signing up now at
http://www.StockCall.com/GPK030113.pdf
Packaging Corp. traded in the range of $41.67 and $42.33 in its latest trading session and ended the day at $41.78, down 0.02 percent. The stock's 52 weeks range stands at $25.77 and $42.46. The company grew more than 44 percent of its value in the past 12 months, while it gained 8.6 percent so far this year. Packaging Corp. is in a bullish mode and may find its first support level at $41.54. It is trading above its 20-day moving average of $40.29. Free report on PKG can be accessed by registering at
http://www.StockCall.com/PKG030113.pdf
Shares of KapStone Paper and Packaging Corp. ended marginally higher at $26.64, up 0.99 percent, in its previous trading session. The stock rose more than 20 percent this year, beating the broad markets. The stock set a new 52-week high of $26.93 in its latest trading session. It has support at around $26.25 at the moment. With its upward movement, KapStone is still trading above their 6-day and 20-day moving averages. Register with StockCall and download the research on KS for free at
http://www.StockCall.com/KS030113.pdf
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