LAND Technical Analysis - GLADSTONE LAND CORP

Technical Rating and Analysis

Overall LAND gets a technical rating of 1 out of 10. LAND 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 negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, LAND is a bad performer in the overall market: 88% of all stocks are doing better.

LAND is one of the lesser performing stocks in the Specialized REITs industry. 89% of 30 stocks in the same industry do better.

LAND 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 LAND has a been trading in the 8.84 - 9.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GLADSTONE LAND CORP / LAND Weekly stock chart

GLADSTONE LAND CORP / LAND Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, LAND does present a nice setup opportunity. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

8.55

10.75

We found 2 important support areas.

Support @8.86 from a horizontal line in the daily time frame.
A support zone ranging from 8.64 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 9.08 to 9.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @9.93 from a trend line in the weekly time frame.
Resistance @10.11 from a trend line in the daily time frame.
Resistance @10.64 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for LAND is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LAND is down.
ChartMill Relative Strength	12.92	NEGATIVE	LAND has a low relative strength, it was outperformed by 87.08% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LAND is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of LAND is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of LAND is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.04	NEUTRAL	The RSI value for LAND is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests LAND has a negative trend, although the MACD value is rising.
Stochastics (14,3)	24.35	NEUTRAL	The Stochastics value for LAND is a neutral value.
Average True Range in percent/ATR (20)	2.11	MEDIUM VOLATILITY	The ATR as a percentage value for LAND suggests some volalility.
Average Directional Index/ADX (14)	13.55	NEGATIVE	The low ADX value for LAND suggests a weak or negative trend.