PPL Corp

PPL is in Stage 3 distribution with a series of lower highs and flattening EMAs under the 200 DMA, reflecting dominant selling pressure and choppy range action. Although a Bullish Pivot Point signaled a mean‐reversion attempt, price failed to follow through and remains capped by the flat 9 and 21 EMAs. Volume on down bars outpaces rallies, and relative strength underperformance persists. Given stable strategy principles, initiating a sell at current resistance levels is prudent, with next support coming at the 200 DMA.

• ↑Q1 revenue $2.8B; GAAP EPS $0.60 (+7% YoY) and ongoing EPS $0.63 (+11% YoY)
• ↑2026 capex $5.1B; $23B through 2029 funds 10.3% avg rate-base growth
• ↓Weak profitability and growth factors risk margin erosion