US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

1 hourRange53%
1h Range probability 94%Range

PPG 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $103.74 - $107.96 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 46.8, MACD 0.048

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7342 (0.7%)

1h

EMA Structure

Bearish
EMA 8$105.16Bearish
EMA 21$105.29Bearish
EMA 50$106.22Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.8 · MACD 0.048

Neutral zone

Strength
Range
Volatility
ATR $0.7342 · BB 2.59%

Low volatility

Strength
Bullish
Volume
MFI 79.3 · OBV 2.49%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$103.74 - $107.96

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.54% · 5.1 ATR above latest close

$108.69
Nearest resistance

+2.84% · 4.1 ATR above · 34-bar high

$107.96
Current price

Price shown is delayed

$104.98
Nearest support

-1.19% · 1.7 ATR below · 34-bar low

$103.74
Deeper support zone

-1.89% · 2.7 ATR below latest close

$103
ATR zone

Latest close ± ATR14

$104.25 - $105.71

Indicators

Trend

Dow Theory Structure

Confirmation $106.23, invalidation $104.86

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

Trend strength is moderate

18.0 / 28.7 / 25.5Bullish
Supertrend (10,3)

Price is above Supertrend

$102.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$105.08 / $106.73Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Volatility

ATR (14)

Low volatility

$0.7342 (0.7%)Bullish
Bollinger Bands (20,2)

Width 2.59%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.96 / $103.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$104.25 / $105.71Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$107.96Range
Support

Nearest Downside Decision Level

$103.74Range

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is positive

0.048Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.9 / 45.6Bullish
Williams %R (14)

Neutral zone

-53.1Range
CCI (20)

Balanced zone

-30.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

79.3Bullish
OBV slope

20-period OBV slope

2.49%Bullish
Volume ratio

Relative to 20-period average volume

3.40xBullish

Trend

Dow Theory Structure

Confirmation $106.23, invalidation $104.86

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

Trend strength is moderate

18.0 / 28.7 / 25.5Bullish
Supertrend (10,3)

Price is above Supertrend

$102.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$105.08 / $106.73Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is positive

0.048Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.9 / 45.6Bullish
Williams %R (14)

Neutral zone

-53.1Range
CCI (20)

Balanced zone

-30.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.7342 (0.7%)Bullish
Bollinger Bands (20,2)

Width 2.59%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.96 / $103.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$104.25 / $105.71Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

79.3Bullish
OBV slope

20-period OBV slope

2.49%Bullish
Volume ratio

Relative to 20-period average volume

3.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$107.96Range
Support

Nearest Downside Decision Level

$103.74Range

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