PPG INDUSTRIES INC (PPG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PPG - US6935061076 - Common Stock
We assign a technical rating of 6 out of 10 to PPG. In the past year, PPG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PPG has an average technical rating and it also does not offer a high 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.
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95.29
2 important support areas can be observed.
- A support zone ranging from 103.40 to 104.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.25 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @107.92 from a trend line in the weekly time frame.
- Resistance @111.72 from a trend line in the weekly time frame.
- Resistance @114.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 118.28 to 119.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for PPG is up. |
| ChartMill Relative Strength | 42.96 | NEUTRAL | PPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPG is above the rising 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) | 66.12 | NEUTRAL | The RSI value for PPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PPG has a positive trend. |
| Stochastics (14,3) | 68.68 | NEUTRAL | The Stochastics value for PPG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for PPG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for PPG suggests a possible start of a new trend. |
107.41
+2.11 (+2%)
PPG INDUSTRIES INC / PPG FAQ
What is the technical rating for PPG stock?
ChartMill assigns a technical rating of 6 / 10 to PPG.
What is the trend direction for PPG stock?
The current trend direction for PPG INDUSTRIES INC (PPG) is Bearish.
Can you provide the RSI signal for PPG INDUSTRIES INC?
PPG INDUSTRIES INC (PPG) has an RSI value of 66.1225. This indicates that the stock is currently neutral.
What is the MACD signal for PPG stock?
The MACD indicator for PPG INDUSTRIES INC (PPG) has a value of 0.171183, indicating a bearish trend.
Can you provide the short term momentum for PPG INDUSTRIES INC?
The short term momentum for PPG INDUSTRIES INC (PPG) is positive.