PPL CORP (PPL) Technical Analysis
NYSE:PPL • US69351T1060
Current stock price
PPL Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to PPL. PPL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PPL has a been trading in the 36.46 - 39.09 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- PPL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PPL is performing more or less in line with the market.
- PPL has an average volume of 9660640 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 67% of all stocks.
- PPL is an average performer in the Electric Utilities industry, it outperforms 46% of 46 stocks in the same industry.
PPL Weekly and Daily overview Charts
PPL Setup Rating and Analysis
PPL 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.
More info and screens
PPL Support and Resistance Analysis
32.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.17 to 35.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.44 from a horizontal line in the daily time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.70 to 37.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.98 to 38.99. This zone is formed by a combination of multiple trend lines 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 | 67.13 | NEUTRAL | PPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PPL is below 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) | 40.09 | NEUTRAL | The RSI value for PPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PPL has a negative trend. |
| Stochastics (14,3) | 18.82 | OVERSOLD | The low Stochastics value suggests PPL may be oversold. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PPL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for PPL suggests a possible start of a new trend. |
PPL Chart- and CandleStick Pattern Analysis
PPL Technicals: Chart, Performance Metrics, Trend & Indicators
36.55
-1.1 (-2.92%)
PPL CORP / PPL TA FAQ
What is the ChartMill technical rating of PPL CORP (PPL) stock?
ChartMill assigns a technical rating of 5 / 10 to PPL.
What is the current trend direction of PPL CORP (PPL) stock?
The current trend direction for PPL CORP (PPL) is Bullish.
Can you provide the RSI signal for PPL CORP?
PPL CORP (PPL) has an RSI value of 40.0917. This indicates that the stock is currently neutral.
What is the short term momentum for PPL CORP (PPL) stock?
The short term momentum for PPL CORP (PPL) is neutral.
What is the support and resistance level for PPL stock?
PPL CORP (PPL) has a support level at 35.66 and a resistance level at 36.7. Check the full technical report for our detailed analysis of PPL support and resistance levels.