US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

PPG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $109.66 and reclaim $123.43.

Invalidation Trigger

Lose $109.66 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 53.6, MACD 0.334

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.51 (1.28%)

4h

EMA Structure

Bullish
EMA 8$118.13Bearish
EMA 21$116.86Bullish
EMA 50$116.41Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD 0.334

Neutral zone

Strength
Bullish
Volatility
ATR $1.51 · BB 11.44%

Low volatility

Strength
Bullish
Volume
MFI 56.3 · OBV -21.14%

Relative to 20-period average volume

Strength
Range
Price Levels
$109.66 - $123.43

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.19% · 4.8 ATR above latest close

$124.94
Nearest resistance

+4.9% · 3.8 ATR above · 34-bar high

$123.43
Current price

Price shown is delayed

$117.66
Nearest support

-6.8% · 5.3 ATR below · 34-bar low

$109.66
Deeper support zone

-8.09% · 6.3 ATR below latest close

$108.14
ATR zone

Latest close ± ATR14

$116.15 - $119.17

Indicators

Trend

Dow Theory Structure

Confirmation $121, invalidation $117.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

44.2 / 47.3 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$114.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.63 / $116.54Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Volatility

ATR (14)

Low volatility

$1.51 (1.28%)Bullish
Bollinger Bands (20,2)

Width 11.44%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.68 / $114.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.15 / $119.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.43Range
Support

Nearest Downside Decision Level

$109.66Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.334Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.5 / 78.0Bearish
Williams %R (14)

Neutral zone

-37.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

-21.14%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $121, invalidation $117.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

44.2 / 47.3 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$114.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.63 / $116.54Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.334Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.5 / 78.0Bearish
Williams %R (14)

Neutral zone

-37.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.51 (1.28%)Bullish
Bollinger Bands (20,2)

Width 11.44%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.68 / $114.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.15 / $119.17Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

-21.14%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.43Range
Support

Nearest Downside Decision Level

$109.66Range

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