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Archive - 5/29/2026 - Sign In to see current Signals. |
PPG Industries (PPG) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the PPG Industries (PPG). During the week, the PPG gained 5.20 points, or 4.82%, and closed at 112.98 on Friday, May 29, 2026. Weekly volume was 16% above average.
Long-term trend: [See PPG long-term trend chart] A long-term downtrend had started on July 18, 2023 at 152.89 and reached 90.20 on April 8, 2025. PPG lost 62.69 points, or 41.00%, in 90 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 66.34 and resistance is at 141.04. 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 uptrend had started on April 8, 2025 at 90.20 and reached 133.43 on February 12, 2026. PPG gained -43.23 points, or -47.93%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.04 and resistance is at 139.52. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PPG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 13, 2026. The distance between MACD and the signal line is low and getting smaller. 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 February 12, 2026 at 133.43 and reached 96.06 on March 19, 2026. PPG lost 37.37 points, or 28.01%, in 35 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (100.66) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. PPG may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See PPG daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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