INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
USA - NYSE:IIPR - US45781V1017 - REIT
Taking everything into account, IIPR scores 0 out of 10 in our technical rating. 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.
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
51.90
We found 1 important support area.
- Support @52.42 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.68 to 55.42. 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 | 7.49 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 92.51% 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) | 43.88 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IIPR has a negative trend. |
| Stochastics (14,3) | 30.38 | NEUTRAL | The Stochastics value for IIPR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.32 | NEGATIVE | The low ADX value for IIPR suggests a weak or negative trend. |
52.83
+0.08 (+0.15%)
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 43.8806. 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.