GLADSTONE LAND CORP (LAND) Stock Technical Analysis
NASDAQ:LAND - Nasdaq - US3765491010 - REIT - Currency: USD
Overall LAND gets a technical rating of 0 out of 10. LAND'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than LAND.
LAND is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 89% are performing better than LAND.
LAND is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
LAND is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, LAND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for LAND in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.79
15.11
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 8.89 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.93 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.48 to 10.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.43 from a trend line in the daily time frame.
- Resistance @12.08 from a horizontal line in the daily time frame.
- Resistance @14.96 from a horizontal line in the weekly time frame.
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 | 10.03 | NEGATIVE | LAND has a low relative strength, it was outperformed by 89.97% 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) | DOWN | NEGATIVE | The current price of LAND is below a declining 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) | 35.74 | NEUTRAL | The RSI value for LAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LAND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.83 | NEUTRAL | The Stochastics value for LAND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for LAND suggests some volalility. |
| Average Directional Index/ADX (14) | 38.34 | POSITIVE | The high ADX value value for LAND suggests a strong 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)
8.88
+0.04 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.45%
1 Week2.19%
2 Weeks-2.52%
1 Month-13.87%
3 Month-9.39%
6 Month-23.58%
12 Month-34.8%
2 Year-43.55%
3 Year-62.23%
5 Year-43.58%
10 Year-2.74%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.7%
ATR Inc-38.76%
Range Today0.27
ADR(20)0.32
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.03
Mansfield-2.78
10 Day High9.29
10 Day Low8.47
20 Day High10.81
20 Day Low8.47
52 Week High14.88
52 Week Low8.47
CS1 EndN/A
CR1 Start8.89
Volume & EV
DER(3)3.11%
DER(5)3.26%
Volume363.10K
Volume Incr-21.13%
Vol(5)439.48K
Vol(50)436.33K