PPL (PPL) Technical Analysis

PPL Corp, also known as PPL, is a company engaged in the generation, transmission, and distribution of electricity. In this technical analysis report, we will analyze the stock performance of PPL Corp using various technical indicators. Technical analysis is the practice of using historical price and volume data to predict future market movements.

One of the commonly used technical indicators is the Relative Strength Index (RSI). RSI measures the speed and change of price movements and helps determine whether a stock is overbought or oversold. Another useful indicator is the Average Directional Index (ADX), which indicates the strength of a trend. A high ADX value suggests a strong trend, while a low value indicates a weak trend. Moving Average Convergence Divergence (MACD) is another popular indicator that helps identify potential buy and sell signals.