Low Volatility Setup: PPG Squeezes at $105.46
Neutral
Oct 9, 2026 at 2:02 AM
•
$105.46
(+0.37%)
PPG Industries Inc (PPG) advanced 0.37%, ending the session at $105.46 on October 9.
Chart analysis reveals a mixed configuration:
Moving Averages
Price sits below both the 9-day ($105.62) and 21-day ($106.58) EMAs, suggesting short-term weakness.
Momentum
RSI at 43.5 is in neutral territory but trending higher. MACD reads -1.32 against its -1.57 signal line (bullish).
Volatility
Volatility has been compressing for 6 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $103.69.
Support sits at $103.69 with resistance at $107.69.