|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
PPL Corp. (PPL) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the PPL Corp. (PPL). During the week, the PPL dropped -0.93 points, or -2.56%, and closed at 35.39 on Friday, May 29, 2026. Weekly volume was 29% above average. PPL is a member of Utilities Sector. Utilities is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PPL long-term trend chart] A long-term uptrend had started on December 10, 2025 at 33.17 and reached 40.11 on April 13, 2026. PPL gained -6.94 points, or -20.92%, in 17 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (38.98) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. PPL may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.
Medium-term trend: [See PPL medium-term trend chart] A medium-term downtrend had started on April 13, 2026 at 40.11 and reached 34.74 on May 18, 2026. PPL lost 5.37 points, or 13.39%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.15 and resistance is at 35.96. 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 medium-term trend.
Weekly Technical Indicators: [See PPL weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since May 1, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively 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 PPL short-term trend chart] A short-term uptrend had started on May 18, 2026 at 34.74 and reached 36.47 on May 22, 2026. PPL gained -1.73 points, or -4.98%, in 4 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See PPL daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. A Parabolic SAR (stop and reversal) indicator (35.05) comes close to the price (35.39). It indicates that the trend is getting weaker. 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.
| |
|
|