We assign a technical rating of 0 out of 10 to LAND. 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.
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. There is a resistance zone just above the current price starting at 8.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.68, a Stop Loss order could be placed below this zone.
More info and screens
8.55
We found 1 important support area.
- 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 8.99 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.51 to 9.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.96 to 10.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.64 from a horizontal line in the daily 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 | 22.23 | NEGATIVE | LAND has a low relative strength, it was outperformed by 77.77% 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) | 40.59 | NEUTRAL | The RSI value for LAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LAND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.57 | NEUTRAL | The Stochastics value for LAND is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for LAND suggests low volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for LAND suggests a strong trend. |
8.81
-0.06 (-0.68%)
GLADSTONE LAND CORP / LAND FAQ
What is the technical rating for LAND stock?
ChartMill assigns a technical rating of 0 / 10 to LAND.
Can you provide the trend direction for GLADSTONE LAND CORP?
The current trend direction for GLADSTONE LAND CORP (LAND) is Bearish.
What is the RSI signal for LAND stock?
GLADSTONE LAND CORP (LAND) has an RSI value of 40.5944. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLADSTONE LAND CORP?
The short term momentum for GLADSTONE LAND CORP (LAND) is negative.
What is the buy/sell signal for GLADSTONE LAND CORP (LAND) stock?
The buy/sell signal for GLADSTONE LAND CORP (LAND) is sell as both the short term and long term trends are negative.