US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

12 hoursBullish57%
12h Upside probability 57%Bullish

PPG 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $101.7 and reclaim $116.23.

Invalidation Trigger

Lose $101.7 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 48.5, MACD 0.356

12h
Volatility EnvironmentBullish
Low volatility

ATR is $1.45 (1.36%)

12h

EMA Structure

Bearish
EMA 8$105.71Bullish
EMA 21$106.3Bullish
EMA 50$108.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD 0.356

Neutral zone

Strength
Bullish
Volatility
ATR $1.45 · BB 3.92%

Low volatility

Strength
Bullish
Volume
MFI 26.7 · OBV -9.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$101.7 - $116.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.48% · 7.7 ATR above latest close

$117.68
Nearest resistance

+9.12% · 6.7 ATR above · 34-bar high

$116.23
Current price

Price shown is delayed

$106.52
Nearest support

-4.53% · 3.3 ATR below · 34-bar low

$101.7
Deeper support zone

-5.89% · 4.3 ATR below latest close

$100.24
ATR zone

Latest close ± ATR14

$105.07 - $107.97

Indicators

Trend

Dow Theory Structure

Confirmation $106.28, invalidation $104.27

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 14.4 / 34.3Bearish
Supertrend (10,3)

Price is above Supertrend

$102.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.99 / $111.35Bearish
Donchian Channel (20)

20-period breakout channel position

77%Range

Volatility

ATR (14)

Low volatility

$1.45 (1.36%)Bullish
Bollinger Bands (20,2)

Width 3.92%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.84 / $103.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$105.07 / $107.97Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$116.23Range
Support

Nearest Downside Decision Level

$101.7Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.356Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.0 / 68.2Bullish
Williams %R (14)

Neutral zone

-21.0Range
CCI (20)

Balanced zone

48.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

-9.75%Bearish
Volume ratio

Relative to 20-period average volume

1.12xBullish

Trend

Dow Theory Structure

Confirmation $106.28, invalidation $104.27

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 14.4 / 34.3Bearish
Supertrend (10,3)

Price is above Supertrend

$102.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.99 / $111.35Bearish
Donchian Channel (20)

20-period breakout channel position

77%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.356Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.0 / 68.2Bullish
Williams %R (14)

Neutral zone

-21.0Range
CCI (20)

Balanced zone

48.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.45 (1.36%)Bullish
Bollinger Bands (20,2)

Width 3.92%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.84 / $103.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$105.07 / $107.97Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

-9.75%Bearish
Volume ratio

Relative to 20-period average volume

1.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$116.23Range
Support

Nearest Downside Decision Level

$101.7Range

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