US stock / ETF

PPL Corporation

PPL · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

PPL 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $34.96 and stabilize above resistance $36.6.

Invalidation Trigger

Break above $36.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.2, MACD -0.045

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2382 (0.69%)

4h

EMA Structure

Bearish
EMA 8$34.72Bearish
EMA 21$34.96Bearish
EMA 50$35.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.2 · MACD -0.045

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2382 · BB 3.44%

Low volatility

Strength
Bullish
Volume
MFI 32.6 · OBV -0.88%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$34.38 - $36.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.95% · 10.0 ATR above latest close

$36.83
Nearest resistance

+6.26% · 9.0 ATR above · 34-bar high

$36.6
Current price

Price shown is delayed

$34.44
Nearest support

-0.19% · 0.3 ATR below · 34-bar low

$34.38
Deeper support zone

-0.88% · 1.3 ATR below latest close

$34.14
ATR zone

Latest close ± ATR14

$34.2 - $34.68

Indicators

Trend

Dow Theory Structure

Confirmation $34.39, invalidation $35.31

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

8.7 / 29.7 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$33.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35 / $35.49Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.2382 (0.69%)Bullish
Bollinger Bands (20,2)

Width 3.44%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.39 / $34.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$34.2 / $34.68Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$36.6Range
Support

Nearest Downside Decision Level

$34.38Range

Momentum

RSI (14)

Momentum is weak

36.2Bearish
MACD (12,26,9)

Histogram is negative

-0.045Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 8.6Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Weak expansion

-132.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

-0.88%Bearish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Trend

Dow Theory Structure

Confirmation $34.39, invalidation $35.31

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

8.7 / 29.7 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$33.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35 / $35.49Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

36.2Bearish
MACD (12,26,9)

Histogram is negative

-0.045Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 8.6Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Weak expansion

-132.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.2382 (0.69%)Bullish
Bollinger Bands (20,2)

Width 3.44%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.39 / $34.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$34.2 / $34.68Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

-0.88%Bearish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$36.6Range
Support

Nearest Downside Decision Level

$34.38Range

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