INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
NYSE:IIPR - US45781V1017 - REIT
56.66 USD
+0.36 (+0.64%)
56.66 USD
0 (0%)
We assign a technical rating of 3 out of 10 to IIPR. In the past year, IIPR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
92% of all other stocks performed better in the past year than IIPR.
IIPR is one of the lesser performing stocks in the Diversified REITs industry. 88% of 129 stocks in the same industry do better.
IIPR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IIPR has a been trading in the 45.50 - 56.78 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IIPR has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.54
59.50
2 important support areas can be observed.
- A support zone ranging from 54.08 to 54.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.06 to 52.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.05 to 58.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IIPR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IIPR is up. |
| ChartMill Relative Strength | 8.21 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 91.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IIPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IIPR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IIPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.41 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests IIPR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.45 | OVERBOUGHT | The high Stochastics value suggests IIPR may be overbought. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for IIPR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
56.66
+0.36 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.64%
1 Week3.17%
2 Weeks8.44%
1 Month10.3%
3 Month2.61%
6 Month-21.25%
12 Month-54.41%
2 Year-35.08%
3 Year-38.22%
5 Year-53.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.82
ATR(20)%3.41%
ATR Inc-37.24%
Range Today1.05
ADR(20)1.71
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.21
Mansfield-3.38
10 Day High56.78
10 Day Low51.81
20 Day High56.78
20 Day Low45.5
52 Week High138.35
52 Week Low45.44
CS1 End54.53
CR1 Start58.05
Volume & EV
DER(3)2.29%
DER(5)1.27%
Volume238.20K
Volume Incr-28.32%
Vol(5)274.58K
Vol(50)324.76K