US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

1 hourBearish72%
1h Downside probability 72%Bearish

PPG 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $118.45 and stabilize above resistance $121.

Invalidation Trigger

Break above $121 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 46.9, MACD -0.139

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7482 (0.64%)

1h

EMA Structure

Bullish
EMA 8$118.82Bearish
EMA 21$118.45Bearish
EMA 50$117.23Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.9 · MACD -0.139

Neutral zone

Strength
Bearish
Volatility
ATR $0.7482 · BB 3.26%

Low volatility

Strength
Bullish
Volume
MFI 31.1 · OBV -1.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$114.01 - $121

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.47% · 5.5 ATR above latest close

$121.75
Nearest resistance

+2.84% · 4.5 ATR above · 34-bar high

$121
Current price

Price shown is delayed

$117.66
Nearest support

-3.1% · 4.9 ATR below · 34-bar low

$114.01
Deeper support zone

-3.74% · 5.9 ATR below latest close

$113.26
ATR zone

Latest close ± ATR14

$116.91 - $118.41

Indicators

Trend

Dow Theory Structure

Confirmation $118.38, invalidation $118.66

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

Trend strength is active

22.8 / 31.5 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$116.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.79 / $115.33Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Volatility

ATR (14)

Low volatility

$0.7482 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.26%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.17 / $116.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.91 / $118.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$121Range
Support

Nearest Downside Decision Level

$114.01Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-0.139Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 69.6Bearish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Balanced zone

-37.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-1.42%Bearish
Volume ratio

Relative to 20-period average volume

3.92xBullish

Trend

Dow Theory Structure

Confirmation $118.38, invalidation $118.66

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

Trend strength is active

22.8 / 31.5 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$116.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.79 / $115.33Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-0.139Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 69.6Bearish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Balanced zone

-37.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.7482 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.26%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.17 / $116.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.91 / $118.41Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-1.42%Bearish
Volume ratio

Relative to 20-period average volume

3.92xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$121Range
Support

Nearest Downside Decision Level

$114.01Range

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