PPG Industries's most recent trend suggests a bullish bias. One trading opportunity on PPG Industries is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 8.91% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $5.05 would be incurred if the stock dropped below the $147.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for PPG Industries is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for PPG Industries is bullish.
The RSI indicator is at 66.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PPG Industries
PPG Industries (PPG) Inks Deal With Vizient for Paint Products
Mon, 05 Apr 2021 13:49:01 +0000
PPG Industries (PPG) expands its market share opportunity in the healthcare segment through its deal with Vizient.
PPG Industries (PPG) Launches New Topcoat, Expands Portfolio
Thu, 01 Apr 2021 14:10:02 +0000
PPG Industries' (PPG) topcoat benefits the appliers as it is easy to mix and apply as well as provides an unlimited recoat window.
PPG Opens China Application Innovation Center in Zhangjiagang
Thu, 01 Apr 2021 13:46:00 +0000
PPG (NYSE: PPG) today announced the opening of its China Application Innovation Center (CAIC) in Zhangjiagang, Jiangsu Province, China. The facility is the company’s first cross-business research and development (R&D) center in the region, serving as a bridge between innovation and customer applications for its industrial, packaging and automotive refinish coatings businesses.
PPG to Announce First Quarter 2021 Results April 15
Wed, 31 Mar 2021 17:02:00 +0000
PPG (NYSE:PPG) today announced the following details for its first quarter 2021 earnings release and teleconference call.
PPG Announces Agreement with Vizient for Paint Products, Expanding Market Share Opportunity in Healthcare Segment
Wed, 31 Mar 2021 13:04:00 +0000
PPG (NYSE: PPG) today announced an agreement with Vizient, the nation’s largest member-driven healthcare performance improvement company. Financial details of this agreement were not disclosed.
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