INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IIPR - US45781V1017 - REIT
52.5 USD
+1.34 (+2.62%)
52.5 USD
0 (0%)
We assign a technical rating of 1 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, IIPR is a bad performer in the overall market: 90% of all stocks are doing better.
IIPR is one of the lesser performing stocks in the Diversified REITs industry. 86% of 128 stocks in the same industry do better.
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 44.58 - 52.80 range, which is quite wide. It is currently trading near the high of this range.
IIPR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.36
59.49
3 important support areas can be observed.
- A support zone ranging from 49.29 to 50.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.49 from a trend line in the weekly time frame.
- A support zone ranging from 45.82 to 45.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @54.47 from a trend line in the daily 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 | 10.31 | NEGATIVE | IIPR has a low relative strength, it was outperformed by 89.69% 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) | 59.04 | 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) | 86.94 | OVERBOUGHT | The high Stochastics value suggests IIPR may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for IIPR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.36 | 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)
52.5
+1.34 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.62%
1 Week2.12%
2 Weeks7.19%
1 Month1%
3 Month-7.85%
6 Month-6.83%
12 Month-49.87%
2 Year-47.93%
3 Year-48.2%
5 Year-71.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%3.01%
ATR Inc6.87%
Range Today1.6
ADR(20)1.51
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.31
3 months CRS23.12
6 months CRS20.61
Mansfield-2
10 Day High52.8
10 Day Low48.51
20 Day High52.8
20 Day Low44.58
52 Week High104.64
52 Week Low44.58
CS1 End50.47
CR1 Start54.47
Volume & EV
DER(3)-0.05%
DER(5)-0.45%
Volume516.00K
Volume Incr0.18%
Vol(5)288.94K
Vol(50)290.65K
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.
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 59.0414. 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 neutral.