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Archive
- 4/17/2025 -
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PPG Industries (PPG) Technical Analysis
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| Summary:
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| | It was the negative week for the PPG Industries (PPG). During the week, the PPG gave back -0.65 points, or -0.65%, and closed at 100.05 on Thursday, April 17, 2025. Weekly volume was 15% above average.
 Long-term trend: [See PPG long-term trend chart]
A long-term downtrend had started on December 14, 2023 at 151.16 and reached 90.20 on April 8, 2025. PPG lost 60.96 points, or 40.33%, in 68 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 92.14 and resistance is at 127.43. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See PPG medium-term trend chart]
A medium-term downtrend had started on September 27, 2024 at 137.24 and reached 90.20 on April 8, 2025. PPG lost 47.04 points, or 34.28%, in 27 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 98.83 and resistance is at 110.27. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See PPG weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See PPG short-term trend chart]
A short-term downtrend had started on January 24, 2025 at 124.70 and reached 90.20 on April 8, 2025. PPG lost 34.50 points, or 27.67%, in 74 days. The price is now at the 28.55% retracement level.
Daily Technical Indicators: [See PPG daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 26, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands is 166.34% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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