PPL breaks below prior session low

PPL Corporation (PPL) Technical Analysis Report for May 17, 2018 | by Techniquant Editorial Team


PPL closes lower for the 5th day in a row
PPL breaks below previous session low
PPL falls to lowest close since September 14, 2015


Moving lower for the 5th day in a row, PPL ended Thursday at 26.74 losing $0.27 (-1.0%). Today's closing price of 26.74 marks the lowest close since September 14, 2015. Closing below Wednesday's low at 26.88, the share confirms its breakout through the previous session's low having traded $0.23 below it intraday.

Daily Candlestick Chart (PPL as at May 17, 2018):

Daily technical analysis candlestick chart for PPL Corporation (PPL) as at May 17, 2018

Thursday's trading range was $0.40 (1.48%), that's below last trading month's daily average range of $0.54. Things look different on a weekly scale, where volatility is above the markets average with the monthly volatility being above average.

Prices are trading close to the key resistance level at 27.08.

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.

Market Conditions for PPL as at May 17, 2018

Loading Market Conditions for PPL (PPL Corporation)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when PPL Corporation traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!