ALPINE INCOME PROPERTY TRUST (PINE) Technical Analysis
NYSE:PINE • US02083X1037
Current stock price
PINE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PINE. Although PINE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- PINE is one of the better performing stocks in the Diversified REITs industry, it outperforms 76% of 122 stocks in the same industry.
- PINE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PINE is lagging the market slightly.
- In the last month PINE has a been trading in the 17.81 - 20.04 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PINE did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PINE Weekly and Daily overview Charts
PINE Setup Rating and Analysis
Although PINE has an excellent technical rating, the quality of the presented setup is not ideal 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
PINE Support and Resistance Analysis
17.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.75 to 19.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.96 to 17.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.53 to 20.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
PINE 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 | UP | POSITIVE | The long term trend for PINE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PINE is up. |
| ChartMill Relative Strength | 73.61 | POSITIVE | PINE has a high relative strength, it outperformed 73.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PINE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PINE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PINE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.65 | NEUTRAL | The RSI value for PINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PINE has a positive trend. |
| Stochastics (14,3) | 77.68 | NEUTRAL | The Stochastics value for PINE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PINE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.91 | NEUTRAL | The ADX value for PINE suggests a possible start of a new trend. |
PINE Chart- and CandleStick Pattern Analysis
PINE Technicals: Chart, Performance Metrics, Trend & Indicators
19.83
+0.17 (+0.86%)
ALPINE INCOME PROPERTY TRUST / PINE TA FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 8 / 10 to PINE.
What is the current trend direction of ALPINE INCOME PROPERTY TRUST (PINE) stock?
The current trend direction for ALPINE INCOME PROPERTY TRUST (PINE) is Bullish.
Can you provide the RSI signal for ALPINE INCOME PROPERTY TRUST?
ALPINE INCOME PROPERTY TRUST (PINE) has an RSI value of 61.6488. This indicates that the stock is currently neutral.
What is the MACD signal for ALPINE INCOME PROPERTY TRUST (PINE) stock?
The MACD indicator for ALPINE INCOME PROPERTY TRUST (PINE) has a value of 0.0782386, indicating a bearish trend.
What is the support and resistance level for PINE stock?
ALPINE INCOME PROPERTY TRUST (PINE) has a support level at 19.23 and a resistance level at 20.53. Check the full technical report for our detailed analysis of PINE support and resistance levels.