INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
USA - NYSE:IIPR - US45781V1017 - REIT
We assign a technical rating of 0 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 technical rating of IIPR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.19
3 important resistance areas can be observed.
- A resistance zone ranging from 50.53 to 52.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.91 to 53.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.30 to 58.90. 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 | DOWN | NEGATIVE | The short term trend for IIPR is down. |
| ChartMill Relative Strength | 9.6 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 90.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IIPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IIPR is below 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) | 34.36 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests IIPR has a negative trend. |
| Stochastics (14,3) | 14 | OVERSOLD | The low Stochastics value suggests IIPR may be oversold. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for IIPR suggests a weak or negative trend. |
47.67
-0.76 (-1.57%)
INNOVATIVE INDUSTRIAL PROPER / IIPR FAQ
What is the ChartMill technical rating of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
ChartMill assigns a technical rating of 0 / 10 to IIPR.
Can you provide the trend direction for INNOVATIVE INDUSTRIAL PROPER?
The current trend direction for INNOVATIVE INDUSTRIAL PROPER (IIPR) is Bearish.
What is the RSI signal for IIPR stock?
INNOVATIVE INDUSTRIAL PROPER (IIPR) has an RSI value of 34.3599. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INNOVATIVE INDUSTRIAL PROPER?
The short term momentum for INNOVATIVE INDUSTRIAL PROPER (IIPR) is negative.
What is the buy/sell signal for INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
The buy/sell signal for INNOVATIVE INDUSTRIAL PROPER (IIPR) is sell as both the short term and long term trends are negative.