INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
NYSE:IIPR • US45781V1017
Taking everything into account, IIPR scores 1 out of 10 in our technical rating. 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: 81% of all stocks are doing better.
- IIPR is part of the Diversified REITs industry. There are 122 other stocks in this industry, of which 76% are performing better than IIPR.
- IIPR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month IIPR has a been trading in the 44.85 - 51.15 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
44.12
2 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- Resistance @52.59 from a trend line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for IIPR is neutral. |
| ChartMill Relative Strength | 19.92 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 80.08% 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) | 62.62 | NEUTRAL | The RSI value for IIPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests IIPR has a positive trend. |
| Stochastics (14,3) | 48.07 | NEUTRAL | The Stochastics value for IIPR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.46 | NEUTRAL | The ADX value for IIPR suggests a possible start of a new trend. |
51.1
+4.94 (+10.7%)
INNOVATIVE INDUSTRIAL PROPER / IIPR FAQ
What is the ChartMill technical rating of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
ChartMill assigns a technical rating of 1 / 10 to IIPR.
What is the current trend direction of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
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 62.6183. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INNOVATIVE INDUSTRIAL PROPER?
The MACD indicator for INNOVATIVE INDUSTRIAL PROPER (IIPR) has a value of 0.26389, indicating a bearish trend.
What is the short term momentum for INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?
The short term momentum for INNOVATIVE INDUSTRIAL PROPER (IIPR) is neutral.