RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PPG
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Monday for PPG Industries Inc
(Updated on Jul 22, 2024)

Sell candidate since Jul 18, 2024 Loss -2.54% PDF

The PPG Industries Inc stock price gained 0.258% on the last trading day (Monday, 22nd Jul 2024), rising from $128.04 to $128.37. During the last trading day the stock fluctuated 1.99% from a day low at $126.90 to a day high of $129.43. The price has risen in 7 of the last 10 days and is up by 1.08% over the past 2 weeks. Volume fell on the last day by -3 million shares and in total, 1 million shares were bought and sold for approximately $170.43 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.12% during the next 3 months and, with a 90% probability hold a price between $117.61 and $127.98 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PPG Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The PPG Industries Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $130.94 and $128.56. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -4.03%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for PPG Industries Inc stock

PPG Industries Inc finds support from accumulated volume at $128.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.53 (1.99%) between high and low. For the last week, the stock has had daily average volatility of 2.16%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PPG) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect PPG Industries Inc to open at $128.23, and during the day (based on 14 day Average True Range), to move between $125.85 and $130.89, which gives a possible trading interval of +/-$2.52 (+/-1.96%) up or down from last closing price. If PPG Industries Inc takes out the full calculated possible swing range there will be an estimated 3.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $128.04 (0.26%) than the resistance at $130.43 (1.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is PPG Industries Inc stock A Buy?

PPG Industries Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.768 Strong Sell Candidate Unchanged

Predicted Opening Price for PPG Industries Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$128.23 ( 0.106%) $128.37

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PPG

Fibonacci Support & Resistance Levels

Level Price
R3 130.76 1.86%
R2 129.80 1.11%
R1 129.20 0.646%
Price 128.37
S1 127.27 -0.86%
S2 126.67 -1.32%
S3 125.70 -2.08%

Accumulated Volume Support & Resistance Levels

Level Price
R3 132.25 3.02%
R2 131.41 2.37%
R1 130.43 1.60%
Price 128.37
S1 128.04 -0.257%
S2 125.25 -2.43%
S3 125.22 -2.45%

PPG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 18, 2024 Aug 12, 2024 Sep 12, 2024 $0.680 0.530%
2 Apr 18, 2024 May 09, 2024 Jun 12, 2024 $0.650 0.498%
3 Feb 15, 2024 Feb 15, 2024 Mar 12, 2024 $0.650 0.460%
4 Oct 19, 2023 Nov 09, 2023 Dec 12, 2023 $0.650 0.447%
5 Jul 20, 2023 Aug 09, 2023 Sep 12, 2023 $0.650 0.486%

FAQ

What is the symbol for PPG Industries Inc Stock and on which exchange is it traded?
The symbol for PPG Industries Inc is PPG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell PPG Industries Inc Stock?
PPG Industries Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy PPG Industries Inc Stock?
PPG Industries Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PPG Industries Inc Stock.

What's the current price of PPG Industries Inc Stock?
As of the end of day on the Jul 22, 2024, the price of an PPG Industries Inc (PPG) share was $128.37.

What is the 52-week high and low for PPG Industries Inc Stock?
The 52-week high for PPG Industries Inc Stock is $151.19 and the 52-week low is $120.33.

What is the market capitalization of PPG Industries Inc Stock?
As of the Jul 22, 2024, the market capitalization of PPG Industries Inc is 30.103B.

When is the next earnings date for PPG Industries Inc?
The upcoming earnings date for PPG Industries Inc is Oct 16, 2024.
Click to get the best stock tips daily for free!

About PPG Industries Inc

PPG Industries PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packa... PPG Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT