PPL CORP (PPL) Stock Technical Analysis
NYSE:PPL - New York Stock Exchange, Inc. - US69351T1060 - Common Stock - Currency: USD
Overall PPL gets a technical rating of 3 out of 10. Although PPL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that PPL is one of the better performing stocks in the market, outperforming 73% of all stocks.
PPL has an average volume of 5441430 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.
PPL is an average performer in the Electric Utilities industry, it outperforms 58% of 47 stocks in the same industry.
PPL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PPL is lagging the market slightly.
In the last month PPL has a been trading in a tight range between 33.29 and 35.00.
Although the technical rating is bad, PPL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 33.76, a Stop Loss order could be placed below this zone.
More info and screens
31.47
36.88
We found 3 important support areas.
- A support zone ranging from 33.44 to 33.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.50 from a trend line in the weekly time frame.
- A support zone ranging from 31.79 to 31.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.82 to 34.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.67 to 36.51. 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 PPL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPL is down. |
| ChartMill Relative Strength | 73.38 | POSITIVE | PPL has a high relative strength, it outperformed 73.38% off all stocks 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) | 42.86 | NEUTRAL | The RSI value for PPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for PPL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for PPL suggests low volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for PPL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
33.77
+0.18 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.54%
1 Week-1.77%
2 Weeks-0.97%
1 Month-2.46%
3 Month-2.85%
6 Month4.13%
12 Month20.78%
2 Year27.63%
3 Year24.47%
5 Year30.69%
10 Year14.59%
15 Year35.35%
Volatility
ATR(14)0.46
ATR(20)%1.46%
ATR Inc-6.84%
Range Today0.51
ADR(20)0.48
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.38
Mansfield-0.12
10 Day High34.42
10 Day Low33.29
20 Day High35
20 Day Low33.29
52 Week High36.7
52 Week Low27.24
CS1 End33.76
CR1 Start33.82
Volume & EV
DER(3)0.15%
DER(5)-0.41%
Volume6.19M
Volume Incr-13.91%
Vol(5)4.25M
Vol(50)5.44M