INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
NYSE:IIPR - New York Stock Exchange, Inc. - US45781V1017 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to IIPR. IIPR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
91% 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. 85% of 129 stocks in the same industry do better.
IIPR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IIPR is lagging the market.
IIPR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IIPR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
55.08
57.64
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.68 to 57.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for IIPR is neutral. |
| ChartMill Relative Strength | 9.32 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 90.68% 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) | 50.04 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IIPR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.17 | NEUTRAL | The Stochastics value for IIPR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for IIPR suggests a weak or negative 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)
55.64
-0.12 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.22%
1 Week0.42%
2 Weeks0.58%
1 Month2.45%
3 Month-22.67%
6 Month-48.96%
12 Month-48.38%
2 Year-15.82%
3 Year-58.18%
5 Year-31.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%2.95%
ATR Inc-16.86%
Range Today1.58
ADR(20)1.48
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.32
Mansfield-4.23
10 Day High57.68
10 Day Low54.3
20 Day High57.71
20 Day Low52.76
52 Week High138.35
52 Week Low45.44
CS1 EndN/A
CR1 Start55.68
Volume & EV
DER(3)-4.56%
DER(5)-2.53%
Volume185.00K
Volume Incr-24.79%
Vol(5)191.10K
Vol(50)360.64K