ALPINE INCOME PROPERTY TRUST (PINE) Stock Technical Analysis
NYSE:PINE • US02083X1037
Overall PINE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PINE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PINE is one of the better performing stocks in the market, outperforming 80% of all stocks.
- PINE is one of the better performing stocks in the Diversified REITs industry, it outperforms 87% of 123 stocks in the same industry.
- PINE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PINE has a been trading in the 17.16 - 20.80 range, which is quite wide. It is currently trading near the high of this range.
Although PINE has an excellent technical rating, it does not present a decent entry opportunity 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
15.96
3 important support areas can be observed.
- A support zone ranging from 17.93 to 18.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.95 from a horizontal line in the daily time frame.
- Support @16.12 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 | 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 | 80.19 | POSITIVE | PINE has a high relative strength, it outperformed 80.19% 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) | 74.44 | OVERBOUGHT | The high RSI value suggests PINE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests PINE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.98 | OVERBOUGHT | The high Stochastics value suggests PINE may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for PINE suggests some volalility. |
| Average Directional Index/ADX (14) | 37.87 | POSITIVE | The high ADX value value for PINE suggests a strong trend. |
20.39
-0.14 (-0.68%)
ALPINE INCOME PROPERTY TRUST / PINE FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 10 / 10 to PINE.
Can you provide the trend direction for ALPINE INCOME PROPERTY TRUST?
The current trend direction for ALPINE INCOME PROPERTY TRUST (PINE) is Bullish.
What is the RSI signal for ALPINE INCOME PROPERTY TRUST (PINE) stock?
ALPINE INCOME PROPERTY TRUST (PINE) has an RSI value of 74.4423. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ALPINE INCOME PROPERTY TRUST?
The MACD indicator for ALPINE INCOME PROPERTY TRUST (PINE) has a value of 0.215918, indicating a bearish trend.
What is the short term momentum for PINE stock?
The short term momentum for ALPINE INCOME PROPERTY TRUST (PINE) is positive.