ALPINE INCOME PROPERTY TRUST (PINE) Technical Analysis
NYSE:PINE • US02083X1037
Current stock price
PINE Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to PINE. PINE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month PINE has a been trading in the 18.41 - 20.80 range, which is quite wide. It is currently trading near the lows of this range.
- PINE is one of the better performing stocks in the Diversified REITs industry, it outperforms 74% of 123 stocks in the same industry.
- PINE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PINE is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that PINE is one of the better performing stocks in the market, outperforming 74% of all 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
PINE has an average technical rating and it also does not offer a high quality setup 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
18.25
When analyzing the support we notice one important area.
- A support zone ranging from 18.43 to 18.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.45 to 18.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for PINE is down. |
| ChartMill Relative Strength | 74.32 | POSITIVE | PINE has a high relative strength, it outperformed 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PINE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PINE is below 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) | 35.71 | NEUTRAL | The RSI value for PINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PINE has a negative trend. |
| Stochastics (14,3) | 4.05 | OVERSOLD | The low Stochastics value suggests PINE may be oversold. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PINE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.73 | POSITIVE | The high ADX value value for PINE suggests a strong trend. |
PINE Chart- and CandleStick Pattern Analysis
PINE Technicals: Chart, Performance Metrics, Trend & Indicators
18.44
-0.14 (-0.75%)
ALPINE INCOME PROPERTY TRUST / PINE TA FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 5 / 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 35.7067. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALPINE INCOME PROPERTY TRUST?
The MACD indicator for ALPINE INCOME PROPERTY TRUST (PINE) has a value of -0.234822, indicating a bearish trend.
What is the short term momentum for PINE stock?
The short term momentum for ALPINE INCOME PROPERTY TRUST (PINE) is negative.