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Ppl Corp Bullish Moving Average Crossover Alert (PPL)

By Amy Schwartz

Today, shares of Ppl Corp (NYSE:PPL) have advanced above their 10-day MA of $26.25 on a volume of 1.8 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Ppl Corp share prices have moved between a 52-week high of $39.90 and a 52-week low of $25.30 and are now trading 5% above that low price at $26.64 per share. The 200-day and 50-day moving averages have moved 0.63% lower and 0.46% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Ppl Corp on May 14th, 2018 by issuing a Downtrend alert when the shares were trading at $27.68. Since that call, shares of Ppl Corp have fallen 5.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses ppl corp

Ticker(s): PPL