INNOVATIVE INDUSTRIAL PROPER (IIPR) Technical Analysis
NYSE:IIPR • US45781V1017
Current stock price
IIPR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to IIPR. In the last year, IIPR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, IIPR outperforms 54% of them, which is more or less in line with the market.
- IIPR is part of the Diversified REITs industry. There are 122 other stocks in this industry, IIPR did better than 50% of them.
- 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 - 57.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
IIPR Weekly and Daily overview Charts
IIPR Setup Rating and Analysis
Although IIPR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IIPR Support and Resistance Analysis
44.13
6 important support areas can be observed.
- Support @55.41 from a trend line in the daily time frame.
- A support zone ranging from 51.54 to 52.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.20 to 50.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.31 from a horizontal line in the daily time frame.
- A support zone ranging from 45.83 to 45.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for IIPR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IIPR is up. |
| ChartMill Relative Strength | 54.14 | NEUTRAL | IIPR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of IIPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IIPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.18 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests IIPR has a positive trend. |
| Stochastics (14,3) | 70.78 | NEUTRAL | The Stochastics value for IIPR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.06 | POSITIVE | The high ADX value value for IIPR suggests a strong trend. |
IIPR Chart- and CandleStick Pattern Analysis
IIPR Technicals: Chart, Performance Metrics, Trend & Indicators
55.91
+2.9 (+5.47%)
INNOVATIVE INDUSTRIAL PROPER / IIPR TA FAQ
What is the ChartMill technical rating of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
ChartMill assigns a technical rating of 7 / 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 63.1784. 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 0.498965, 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 55.41 and a resistance level at 57.3. Check the full technical report for our detailed analysis of IIPR support and resistance levels.