Eagle Business Solutions Blog: Barchart.com's Chart of the Day

Thursday, May 2, 2013

Barchart.com's Chart of the Day - PPL Corp (PPL)

Barchart.com's Chart of the Day - PPL Corp - PPL

Jim Van Meerten - Wed May 01, 6:06PM CDT

PPL | Barchart Opinion for Ppl Corp.

The Chart of the Day is PPL Corp (PPL). The stock has 96% Technical buy signals and a Trend Spotter buy signal. Not only has the stock advanced in 17 sessions in the last month but it gained 6.43%. All this while also paying a 4.41% dividend. The stock was at the top of theNew High list when sorted for frequency.

PPL Corporation is an energy and utility holding company that controls more than 12,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to customers in Pennsylvania and the United Kingdom.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 6.43% in the last month
Relative Strength Index 73.94%
Barchart computes a technical support level at 32.92
Recently traded at 33.26 with a 50 day moving average of 31.26

Fundamental factors:

Market Cap $19.35 billion
P/E 13.76
Dividend yield 4.41%
Revenue projected to decrease 1.30% this year but increase .20% next year
Earning estimated to decrease .40% this year another 10.00% next year but compound annually by 2.65% over the next 5 years
Analysts issued 2 strong buy, 1 buy and 7 hold recommendations
Financial Strength B++