INNOVATIVE INDUSTRIAL PROPER (IIPR) Technical Analysis
NYSE:IIPR • US45781V1017
Current stock price
IIPR Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to IIPR. IIPR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, IIPR is a bad performer in the overall market: 61% of all stocks are doing better.
- IIPR is one of the lesser performing stocks in the Diversified REITs industry. 63% of 123 stocks in the same industry do better.
- IIPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IIPR is lagging the market.
- In the last month IIPR has a been trading in the 48.51 - 54.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IIPR Weekly and Daily overview Charts
IIPR Setup Rating and Analysis
Although the technical rating is bad, IIPR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 51.16, a Stop Loss order could be placed below this zone.
More info and screens
IIPR Support and Resistance Analysis
44.12
We found 3 important support areas.
- A support zone ranging from 49.83 to 51.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.70 to 45.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.57 to 44.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @52.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 57.30 to 58.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
IIPR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for IIPR is neutral. |
| ChartMill Relative Strength | 39.21 | NEUTRAL | IIPR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IIPR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IIPR is above the rising 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) | 54.37 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests IIPR has a positive trend. |
| Stochastics (14,3) | 58.62 | NEUTRAL | The Stochastics value for IIPR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for IIPR suggests a possible start of a new trend. |
IIPR Chart- and CandleStick Pattern Analysis
IIPR Technicals: Chart, Performance Metrics, Trend & Indicators
51.9
+0.72 (+1.41%)
INNOVATIVE INDUSTRIAL PROPER / IIPR TA FAQ
What is the ChartMill technical rating of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
ChartMill assigns a technical rating of 2 / 10 to IIPR.
What is the trend direction for IIPR stock?
The current trend direction for INNOVATIVE INDUSTRIAL PROPER (IIPR) is Bearish.
What is the RSI signal for INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
INNOVATIVE INDUSTRIAL PROPER (IIPR) has an RSI value of 54.3743. This indicates that the stock is currently neutral.
What is the MACD signal for IIPR stock?
The MACD indicator for INNOVATIVE INDUSTRIAL PROPER (IIPR) has a value of 0.0661993, indicating a bearish trend.
What are the support and resistance levels for INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
INNOVATIVE INDUSTRIAL PROPER (IIPR) has a support level at 51.16 and a resistance level at 52.32. Check the full technical report for our detailed analysis of IIPR support and resistance levels.