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Archive - 10/16/2026 - Sign In to see current Signals. |
PPL Corp. (PPL) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the PPL Corp. (PPL). During the week, the PPL gained 0.92 points, or 2.69%, and closed at 35.17 on Friday, October 16, 2026. Weekly volume was -22% below 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 October 3, 2023 at 22.20 and reached 40.11 on April 13, 2026. PPL gained -17.91 points, or -80.68%, in 131 weeks. The price is now at the 27.58% retracement level.
Medium-term trend: [See PPL medium-term trend chart] A medium-term downtrend had started on April 13, 2026 at 40.11 and reached 31.56 on September 25, 2026. PPL lost 8.55 points, or 21.32%, in 23 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (31.01) 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. PPL 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 medium-term trend.
Weekly Technical Indicators: [See PPL 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 May 1, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See PPL short-term trend chart] A short-term downtrend had started on June 26, 2026 at 37.36 and reached 31.56 on September 25, 2026. PPL lost 5.80 points, or 15.52%, in 91 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 32.22 and resistance is at 35.69. 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 short-term trend.
Daily Technical Indicators: [See PPL daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since September 30, 2026. The distance between MACD and the signal line is near its high and getting bigger.
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