US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

1 hourBullish84%
1h Upside probability 84%Bullish

PPG 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $117.34 and reclaim $125.6.

Invalidation Trigger

Lose $117.34 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 60.5, MACD -0.052

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9286 (0.75%)

1h

EMA Structure

Bullish
EMA 8$122.25Bullish
EMA 21$121.72Bullish
EMA 50$120.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.5 · MACD -0.052

Momentum is strong

Strength
Bullish
Volatility
ATR $0.9286 · BB 3.32%

Low volatility

Strength
Bullish
Volume
MFI 47.7 · OBV -2.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$117.34 - $125.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.85% · 3.8 ATR above latest close

$126.52
Nearest resistance

+2.09% · 2.8 ATR above · 34-bar high

$125.6
Current price

Price shown is delayed

$123.02
Nearest support

-4.62% · 6.1 ATR below · 34-bar low

$117.34
Deeper support zone

-5.37% · 7.1 ATR below latest close

$116.41
ATR zone

Latest close ± ATR14

$122.09 - $123.95

Indicators

Trend

Dow Theory Structure

Confirmation $122.37, invalidation $120.94

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

Trend strength is active

26.4 / 47.9 / 31.8Bullish
Supertrend (10,3)

Price is above Supertrend

$120.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.72 / $121.23Bullish
Donchian Channel (20)

20-period breakout channel position

54%Bullish

Volatility

ATR (14)

Low volatility

$0.9286 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.32%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$123.03 / $120.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.09 / $123.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$125.6Range
Support

Nearest Downside Decision Level

$117.34Range

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-55.3Range
CCI (20)

Balanced zone

56.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.7Range
OBV slope

20-period OBV slope

-2.29%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $122.37, invalidation $120.94

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

Trend strength is active

26.4 / 47.9 / 31.8Bullish
Supertrend (10,3)

Price is above Supertrend

$120.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.72 / $121.23Bullish
Donchian Channel (20)

20-period breakout channel position

54%Bullish

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-55.3Range
CCI (20)

Balanced zone

56.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.9286 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.32%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$123.03 / $120.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.09 / $123.95Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.7Range
OBV slope

20-period OBV slope

-2.29%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$125.6Range
Support

Nearest Downside Decision Level

$117.34Range

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