PPL CORP (PPL) Technical Analysis
NYSE:PPL • US69351T1060
Current stock price
PPL Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to PPL. Although PPL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- PPL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PPL is lagging the market slightly.
- PPL has an average volume of 8950730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, PPL turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- PPL is part of the Electric Utilities industry. There are 47 other stocks in this industry, PPL did better than 45% of them.
- In the last month PPL has a been trading in the 36.69 - 40.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PPL Weekly and Daily overview Charts
PPL Setup Rating and Analysis
Although PPL has an excellent technical rating, it does not present a decent entry opportunity 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
PPL Support and Resistance Analysis
32.92
We found 4 important support areas.
- A support zone ranging from 37.45 to 38.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.81 from a horizontal line in the daily time frame.
- A support zone ranging from 35.60 to 35.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.25 to 33.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 38.63 to 39.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PPL 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 | UP | POSITIVE | The long term trend for PPL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PPL is neutral. |
| ChartMill Relative Strength | 49.89 | NEUTRAL | PPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PPL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PPL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.43 | NEUTRAL | The RSI value for PPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PPL has a negative trend. |
| Stochastics (14,3) | 37.13 | NEUTRAL | The Stochastics value for PPL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for PPL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for PPL suggests a weak or negative trend. |
PPL Chart- and CandleStick Pattern Analysis
PPL Technicals: Chart, Performance Metrics, Trend & Indicators
38.21
-0.52 (-1.34%)
PPL CORP / PPL TA FAQ
What is the ChartMill technical rating of PPL CORP (PPL) stock?
ChartMill assigns a technical rating of 7 / 10 to PPL.
What is the current trend direction of PPL CORP (PPL) stock?
The current trend direction for PPL CORP (PPL) is Bullish.
What is the RSI signal for PPL stock?
PPL CORP (PPL) has an RSI value of 45.4348. This indicates that the stock is currently neutral.
What is the MACD signal for PPL CORP (PPL) stock?
The MACD indicator for PPL CORP (PPL) has a value of -0.0943632, indicating a bearish trend.
Can you provide the short term momentum for PPL CORP?
The short term momentum for PPL CORP (PPL) is neutral.