PPG INDUSTRIES INC (PPG) Technical Analysis
NYSE:PPG • US6935061076
Current stock price
PPG Technical Rating and Analysis
Overall PPG gets a technical rating of 1 out of 10. PPG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 75% of all other stocks performed better in the past year than PPG.
- PPG is part of the Chemicals industry. There are 82 other stocks in this industry, of which 69% are performing better than PPG.
- PPG has an average volume of 2191780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- PPG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPG is lagging the market.
- In the last month PPG has a been trading in the 100.16 - 118.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PPG Weekly and Daily overview Charts
PPG Setup Rating and Analysis
The technical rating of PPG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PPG Support and Resistance Analysis
93.40
We found 2 important support areas.
- A support zone ranging from 99.15 to 99.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 94.34 to 96.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 109.20 to 111.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 114.85 to 114.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @134.56 from a horizontal line in the weekly time frame.
PPG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PPG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPG is down. |
| ChartMill Relative Strength | 25.35 | NEGATIVE | PPG has a low relative strength, it was outperformed by 74.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PPG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PPG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for PPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PPG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.6 | OVERSOLD | The low Stochastics value suggests PPG may be oversold. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PPG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for PPG suggests a weak or negative trend. |
PPG Chart- and CandleStick Pattern Analysis
PPG Technicals: Chart, Performance Metrics, Trend & Indicators
108.5
+3.81 (+3.64%)
PPG INDUSTRIES INC / PPG TA FAQ
What is the technical rating for PPG stock?
ChartMill assigns a technical rating of 1 / 10 to PPG.
What is the trend direction for PPG stock?
The current trend direction for PPG INDUSTRIES INC (PPG) is Bearish.
What is the RSI signal for PPG INDUSTRIES INC (PPG) stock?
PPG INDUSTRIES INC (PPG) has an RSI value of 48.9444. This indicates that the stock is currently neutral.
What is the MACD signal for PPG INDUSTRIES INC (PPG) stock?
The MACD indicator for PPG INDUSTRIES INC (PPG) has a value of -0.33501, indicating a bearish trend.
What is the support and resistance level for PPG stock?
PPG INDUSTRIES INC (PPG) has a support level at 99.43 and a resistance level at 109.2. Check the full technical report for our detailed analysis of PPG support and resistance levels.