US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

PPG 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $111.02 and stabilize above resistance $132.06.

Invalidation Trigger

Break above $132.06 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.7, MACD -1.371

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.55 (6.15%)

Weekly

EMA Structure

Bearish
EMA 8$108.43Bearish
EMA 21$111.02Bearish
EMA 50$111.48Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.7 · MACD -1.371

Momentum is weak

Strength
Bearish
Volatility
ATR $6.55 · BB 20.33%

High volatility

Strength
Bearish
Volume
MFI 20.4 · OBV -12.46%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$96.06 - $132.06

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.12% · 4.9 ATR above latest close

$138.6
Nearest resistance

+23.97% · 3.9 ATR above · 34-bar high

$132.06
Current price

Price shown is delayed

$106.52
Nearest support

-9.82% · 1.6 ATR below · 34-bar low

$96.06
Deeper support zone

-15.97% · 2.6 ATR below latest close

$89.51
ATR zone

Latest close ± ATR14

$99.97 - $113.07

Indicators

Trend

Dow Theory Structure

Confirmation $123.45, invalidation $109.54

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

Trend strength is active

31.8 / 7.3 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$90Bullish
Ichimoku Cloud

Cloud Span A / Span B

$111.61 / $113.41Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

High volatility

$6.55 (6.15%)Bearish
Bollinger Bands (20,2)

Width 20.33%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.41 / $100.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$99.97 / $113.07Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$132.06Range
Support

Nearest Downside Decision Level

$96.06Range

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-1.371Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.8 / 17.6Bullish
Williams %R (14)

Neutral zone

-79.2Range
CCI (20)

Weak expansion

-117.4Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.4Bearish
OBV slope

20-period OBV slope

-12.46%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $123.45, invalidation $109.54

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

Trend strength is active

31.8 / 7.3 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$90Bullish
Ichimoku Cloud

Cloud Span A / Span B

$111.61 / $113.41Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-1.371Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.8 / 17.6Bullish
Williams %R (14)

Neutral zone

-79.2Range
CCI (20)

Weak expansion

-117.4Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$6.55 (6.15%)Bearish
Bollinger Bands (20,2)

Width 20.33%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.41 / $100.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$99.97 / $113.07Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.4Bearish
OBV slope

20-period OBV slope

-12.46%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$132.06Range
Support

Nearest Downside Decision Level

$96.06Range

Related Forecasts