PPL Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for PPL · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$37.00last close · Jun 25, 2026
PPL Rising Wedge Pattern
No chart pattern is currently detected on PPL. The most recent was a Rising Wedge, detected Apr 22, 2026.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $35.14 (−7.9%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; PPL's own rising wedges have hit 72.7%.
PPL is in an open Symmetrical Triangle setup — it broke higher near $36.57, projecting a target near $40.29, with invalidation at $33.21.
How Rising Wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
PPL win rate
72.7%
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
PPL support and resistance levels
Price was turned away at a ceiling near $39.53 about 8 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $31.53 — still about 15% away.
Traders commonly watch $31.53 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the short would have set up at the $39.53 ceiling about 8 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.
Nearest auto-detected support sits near $35.22, resistance near $38.29. These are chart/swing-derived levels, not formula pivots.
Resistance
$38.29$39.21$40.00
Support
$35.22$34.51$34.44$31.48$22.34
PPL recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$37.04
$37.32
$36.66
$37.00
Jun 24, 2026
$36.48
$37.09
$36.32
$36.92
Jun 23, 2026
$35.68
$36.33
$35.38
$36.29
Jun 22, 2026
$35.38
$35.84
$35.29
$35.59
Jun 18, 2026
$35.37
$35.88
$35.06
$35.38
Jun 17, 2026
$36.17
$36.36
$35.09
$35.33
Jun 16, 2026
$36.24
$36.77
$36.12
$36.38
Jun 15, 2026
$35.65
$36.35
$35.38
$36.17
Jun 12, 2026
$35.50
$35.98
$35.47
$35.85
Jun 11, 2026
$35.71
$35.91
$35.43
$35.46
PPL frequently asked questions
What chart pattern is PPL forming right now?
No pattern is currently detected on PPL. The most recent was a Rising Wedge, detected Apr 22, 2026.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on PPL is a bearish pattern, projecting a measured-move target of $35.14. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for PPL?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), PPL's nearest support is around $35.22 and nearest resistance around $38.29.
What is the price target if PPL's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $35.14 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PPL's closing price on Jun 25, 2026?
PPL last closed at $37.00 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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