US stock / ETF

PPG Industries, Inc.

PPG · NYSE · USD

4 hoursBullish86%
4h Upside probability 86%Bullish

PPG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $101.7 and reclaim $107.8.

Invalidation Trigger

Lose $101.7 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 54.9, MACD 0.233

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8332 (0.78%)

4h

EMA Structure

Range
EMA 8$106.03Bullish
EMA 21$105.71Bullish
EMA 50$106.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.9 · MACD 0.233

Neutral zone

Strength
Bullish
Volatility
ATR $0.8332 · BB 3.48%

Low volatility

Strength
Bullish
Volume
MFI 59.4 · OBV -14.18%

Relative to 20-period average volume

Strength
Range
Price Levels
$101.7 - $107.8

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.98% · 2.5 ATR above latest close

$108.63
Nearest resistance

+1.2% · 1.5 ATR above · 34-bar high

$107.8
Current price

Price shown is delayed

$106.52
Nearest support

-4.53% · 5.8 ATR below · 34-bar low

$101.7
Deeper support zone

-5.31% · 6.8 ATR below latest close

$100.86
ATR zone

Latest close ± ATR14

$105.69 - $107.35

Indicators

Trend

Dow Theory Structure

Confirmation $106.86, invalidation $104.27

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

Trend strength is active

35.7 / 41.8 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$104.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$105.09 / $104.84Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

Low volatility

$0.8332 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.48%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107.32 / $104.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$105.69 / $107.35Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$107.8Range
Support

Nearest Downside Decision Level

$101.7Range

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is positive

0.233Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.7 / 94.2Bearish
Williams %R (14)

Overbought zone

-9.3Bearish
CCI (20)

Strong expansion

124.9Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.4Bullish
OBV slope

20-period OBV slope

-14.18%Bearish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Trend

Dow Theory Structure

Confirmation $106.86, invalidation $104.27

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

Trend strength is active

35.7 / 41.8 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$104.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$105.09 / $104.84Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is positive

0.233Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.7 / 94.2Bearish
Williams %R (14)

Overbought zone

-9.3Bearish
CCI (20)

Strong expansion

124.9Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.8332 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.48%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107.32 / $104.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$105.69 / $107.35Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.4Bullish
OBV slope

20-period OBV slope

-14.18%Bearish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$107.8Range
Support

Nearest Downside Decision Level

$101.7Range

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