ALPINE INCOME PROPERTY TRUST (PINE) Stock Technical Analysis
USA - NYSE:PINE - US02083X1037 - REIT
We assign a technical rating of 5 out of 10 to PINE. In the last year, PINE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PINE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.11
2 important support areas can be observed.
- Support @15.26 from a horizontal line in the daily time frame.
- A support zone ranging from 14.25 to 14.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.48 to 15.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PINE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PINE is up. |
| ChartMill Relative Strength | 33.46 | NEUTRAL | PINE is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of PINE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.47 | OVERBOUGHT | The high RSI value suggests PINE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests PINE has a positive trend. |
| Stochastics (14,3) | 97.92 | OVERBOUGHT | The high Stochastics value suggests PINE may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for PINE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for PINE suggests a strong trend. |
15.37
+0.35 (+2.33%)
ALPINE INCOME PROPERTY TRUST / PINE FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 5 / 10 to PINE.
What is the trend direction for PINE stock?
The current trend direction for ALPINE INCOME PROPERTY TRUST (PINE) is Bearish.
What is the RSI signal for ALPINE INCOME PROPERTY TRUST (PINE) stock?
ALPINE INCOME PROPERTY TRUST (PINE) has an RSI value of 75.4667. This indicates that the stock is currently overbought.
What is the short term momentum for PINE stock?
The short term momentum for ALPINE INCOME PROPERTY TRUST (PINE) is positive.
Can you provide the support and resistance levels for ALPINE INCOME PROPERTY TRUST?
ALPINE INCOME PROPERTY TRUST (PINE) has a support level at 15.26 and a resistance level at 15.48. Check the full technical report for our detailed analysis of PINE support and resistance levels.