ALPINE INCOME PROPERTY TRUST (PINE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PINE - US02083X1037 - REIT
Overall PINE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PINE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- PINE is one of the better performing stocks in the Diversified REITs industry, it outperforms 91% of 125 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 16.22 - 18.32 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PINE did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although PINE has an excellent technical rating, it does not present a decent entry opportunity 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
15.96
We found 2 important support areas.
- A support zone ranging from 17.45 to 17.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.12 to 16.70. 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 18.23 to 18.23. 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 | 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 | 83.66 | POSITIVE | PINE has a high relative strength, it outperformed 83.66% 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) | 75.11 | OVERBOUGHT | The high RSI value suggests PINE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PINE has a positive trend. |
| Stochastics (14,3) | 90.66 | OVERBOUGHT | The high Stochastics value suggests PINE may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for PINE suggests low volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for PINE suggests a possible start of a new trend. |
18.22
+0.34 (+1.9%)
ALPINE INCOME PROPERTY TRUST / PINE FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 9 / 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 75.1067. 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 0.109397, 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.