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Archive - 4/24/2026 - 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 the negative week for the PPG Industries (PPG). During the week, the PPG dropped -5.05 points, or -4.40%, and closed at 109.80 on Friday, April 24, 2026. Weekly volume was -15% below average. PPG is a member of Materials Sector. Materials is the second most overbought 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 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 68.34 and resistance is at 141.44. 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 95.55 and resistance is at 137.52. 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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See PPG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 24, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. The price is close to the moving average in the center of the Bollinger Bands. 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. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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