PPL Corporation (PPL)

PPL Corporation is trading at $35.35, up 2.23% on the session. The 50 day average sits at $34.14 and the 200 day at $36.08, which puts the stock in a downtrend. RSI is at 64.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $34.41 with resistance near $35.58, so that band frames the current range. Average daily movement is roughly $0.60, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 27, momentum of 84 and a risk score of 96.

PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.