PPL stock: buy or sell
Jan 27th, 2021
PPL stock brief
- Counting on Tuesday, it's been 3 consecutive sessions in green for PPL. Price closed on Tuesday at $28.25 after just moving a 0.50%.
- PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through three segments: U. K.
Should I buy PPL stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $PPL stock a buy?
Currently, PPL stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $PPL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell PPL stock?
When you own stock shares with some profit, it's really difficult to decide the correct moment to sell and get your profits. Similarly to when we have to buy shares, choosing when is the best time to sell is not a capricious decision, and we must adhere our own trading style. When selling, as well as buying, detailed setups are very simple to use and are only applicable for selling shares in your porfolio, not for selling short $PPL stock
As a rule of thumb, you must never keep a trade that results in higher than expected losses at the time of the buy. When to sell your stock always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell PPL stock?
In the current situation of PPL there is not any eligible sell setup, so PPL stock holders with operations in profit can keep their positions
In the last 30 days we couldn't find any rating for PPL
PPL stock analysis
Supports and resistances
The current resistances are:
The current supports are:
The evolution of the Bollinger Bands on the chart proves that they are pretty close to each other (4.49%), which clearly means that price volatility is low. The compression of the Bollinger bands is frequently a sign of a sudden price movement (up or down), so we must be cautious and manage our buy or sell orders properly
Relative strength index
When the moves for so long below 70 and above 30, without indication of overvaluation and undervaluation, the indicator gets of little use, and we are now in one of these cases.
PPL stock price history
PPL went public on Mar 17th, 1980 priced at $0.00 per share1. Since then, PPL stock has risen by -, with an average of 0.00% per year. An investment of thousand dollars at that time would be valued $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for PPL stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions publish their price target based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial information by the company, and usually. If you are a small trader you should not buy or sell based on these projections.
We don't have any target price posted in the previous month for PPL.
Earnings and financials
Earnings call was hosted by PPL ($PPL) last November after presenting the financial report. PPL underperformed Wall St estimates and reported of $0.58, that is a -4.92% lower than the initial forecasts of $0.61. Accordingly, reported revenues were $1.9 billion versus estimates of $2.0 billion.Same quarter last year, reported EPS was $0.61, so current EPS is a decrease of -4.92%. Turnover slightly changed on an annualized basis in the , from $19.3B to $18.9B last quarter.
PPL ($PPL) is releasing quarterly financial report next Friday. Market estimates of $0.61, compared to previous quarter that was $0.58.
Important note:The opinions published in this article are personal and not recommendations for you to buy or sell shares. The author of this paper does not know the individual conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for general educational purposes only
|Tuesday, January 26th, 2021|
|Day range||$27.84 - $28.43|
|Average true range||$0.62|
|50d mov avg||$28.09|
|100d mov avg||$27.80|
|200d mov avg||$26.70|
|Earnings date||February 12th, 2021|